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2. Average auto loan debt grew 5.2% in 2023. How will it affect ...

   www.aol.com/average-auto-loan-debt-grew...

   Average outstanding auto loan debt balances increased by 5.2% to $23,792 from Q3 2022 to Q3 2023—less than the 7.7% increase from 2021 to 2022, but still more than overall inflation, ...

3. 2023 consumer debt levels grew, but not as severely as in ...

   www.aol.com/2023-consumer-debt-levels-grew...

   U.S. consumer debt snapshot. Average loan balances grew for most types of consumer debt in 2023. ... where the average monthly payment on auto loans has grown from $588 in Q3 2022 to $630 in Q3 ...

4. Here’s the Average Debt of Every Generation - AOL

   www.aol.com/finance/much-debt-does-generation...

   Gen Z. Total average debt: $29,820. Mortgage debt: $234,485. Automobile debt: $20,305. Credit card debt: $3,262. Personal loan debt: $8,710. “When you look at the general trend of overall debt ...

5. Credit card, car loans, and mortgage payments have all been ...

   www.aol.com/credit-card-car-loans-mortgage...

   Since 2020, the average car loan payment has grown by more than $100 to $644, average monthly credit card payments due have increased $50 to $202 and average monthly mortgage payments have ...

6. More Than 40% of Americans Have Car Payments: Here’s ... - AOL

   www.aol.com/more-40-americans-car-payments...

   The Consumer Financial Protection Bureau revealed in 2022 that auto loan debt had reached $1.5 trillion in the U.S., with over 100 million Americans having car debt. ... the average new auto loan ...

7. Auto Loan and Credit Delinquency Rates Are Rising: Are You ...

   www.aol.com/auto-loan-credit-delinquency-rates...

   When car prices skyrocketed in 2021, the average amount of a newly originated loan rose by 11%, followed by another 10% in 2022 to an average amount of nearly $24,000.

8. 6 Common Auto Loan Myths Debunked

   www.aol.com/6-common-auto-loan-myths-150758868.html

   According to LendingTree, the average monthly car payment was a record-high $738 in the fourth quarter of 2023 (up 2.5% a year prior) and auto loan balances now stand at $1.61 trillion, second ...

9. What is the Average Car Loan Interest Rate? - AOL

   www.aol.com/average-car-loan-interest-rate...

   The average interest rate for auto loans on new cars in 2022 is 4.07%. The average interest rate on loans for used cars is 8.62%. If you have a high credit score, you can expect your interest rate ...