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| Tuesday 22 June | |
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25 Aug 2022 14:30
U.S. consumers borrow at record levels as car prices surge - Experian
DETROIT, Aug 25 (Reuters) - U.S. consumers are responding to surging prices for new cars and trucks by going deeper into debt, pushing the average new vehicle loan to a record-high $40,290 during the second quarter, credit monitoring company Experian said Thursday.
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