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The 7-year car loan trap: Why nearly half of Americans are taking on longer debt
With new car prices near $50,000, nearly half of buyers are taking loans longer than 72 months. Discover the hidden financial ...
Personal finance expert Dave Ramsey has spent decades helping people get out of debt and take control of their money. However, in a recent conversation on “Office Hours With Arthur Brooks” podcast ...
WFRV Local 5 on MSN
Ford and GM get approval to launch banks: What it means for you
Ford and GM recently got the green light to launch banks. Here's what that could mean for car buyers.
“Your most powerful wealth-building tool in your retirement or in your kids’ college fund is your income,” Ramsey told Brooks. “And when you give it away to Ford Motor Company and Citibank in the form ...
Over the last ten years, the lending landscape has been revolutionized. Days have passed when taking a loan required one to arrange bank meetings, complete pile ...
This creates an even deeper cycle of debt, as well as maximizing the interest you eventually pay for your car loan. With ...
Access to a car is access to the economy,” writes finance professor Mark Jansen in an op-ed. “We shouldn’t cut people off ...
Some people who’ve bought a new car recently might be eligible for up to a $10,000 deduction on their federal taxes. As part ...
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