Average new car payment: about $787 a month on a record $44,664 financed (CNBC, Edmunds data). Almost 1 in 5 families with debt was late on a payment last year, the highest since 2010 (Federal Reserve). More from Mike's Mind: https://youtu.be/iS1lP2kkJ8c
7-Year Car Loans and We Still Can't Make the Payments #personalfinance #podcast
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