JUST IN: US auto loans have exploded to $1.68 TRILLION. For the first time in history, car debt is bigger than credit card debt.
It now matches the total amount of U.S. student loans.
People are taking 7-10 year car loans just to afford a monthly payment.
The average American now pays $735/month just to own a car. That’s $88,200 over 10 years. On something that LOSES value every single day.
Meanwhile....
Andrew Lokenauth
npub105…lu59e
2026-05-09 18:48:58 UTC
Author Public Key
npub1050hrq35yxtu64ssp0v2uuwsvwrrtk4zd2g6ml8yrf4wfww4ttgsalu59ePublished at
2026-05-09 18:48:58 UTCEvent JSON
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