PERSONAL FINANCES

Used car loan payments passed a key level

Used car loan payments passed a key level

Buying a used car remains expensive even though supply chain bottlenecks have eased, bringing the average loan size to $28,506. Consumers still rely heavily on financing for car purchases, and the average loan size rose 8.59% year-on-year, according to credit rating firm Experian. There are still some glimmers. “Since the beginning of the inventory shortage, …

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Here's How High Prices Really Affect Consumers During The Holidays

Here’s How High Prices Really Affect Consumers During The Holidays

Apparently, all the media is beating the drum about the high costs of vacation-related goods and services. It is as it should be. After all, giving consumers an idea of ​​what their holiday budget faces in December is very helpful, especially as the cost of goods rises in a highly inflationary economy. What is less …

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