The Growing Auto Loan Problem Facing Young Americans


The Growing Auto Loan Problem Facing Young Americans
Since the COVID-19 pandemic, Americans have taken on significantly more debt to buy vehicles. This is especially true for Gen Z and Millennials, who the Federal Reserve believes may have borrowed beyond their means.
In this infographic, Visual Capitalist's Marcu Lu visualizes data from the Fed’s most recent consumer debt…
This story appeared on zerohedge.com, 2023-03-18.