Auto loan balances increased by $22 billion last quarter. Are consumers in over their heads?

Image source: Getty Images Rising car prices and loan rates could spell disaster for drivers. Key points Car prices have risen this year due to shortages in the supply chain. This forces borrowers to take on higher car payments – and put their finances at risk. Compare your total monthly expenses to your income to …

Auto loan balances increased by $22 billion last quarter. Are consumers in over their heads? Read More »