The average car payment is over $500/month, according to an Experian report from late 2018. Another report, from the US Public Interest Research Group (PIRG), shows that auto debt has risen 75% since the Great Recession of 2009.
38% of US households have credit card debt. 43% of people with student loans aren’t making payments. Most people feel like they could be doing better with their money. In fact, the average American feels like a failure when it comes to finance.
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