Sentences with phrase «auto loan debt exceeded»
Outstanding auto loan debt exceeded $ 1 trillion and 42 percent of auto loans carry a six - year term or longer.
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The volume of real estate debt, auto debt, student loans, bank debt, pension debts by municipalities and states as well as private companies exceed their ability to pay.
Your total debt payments, including your housing payment, your auto loan or student loan payments, and minimum credit card payments should not exceed 40 percent of your gross monthly income.
It is not much of a surprise that this rising source of debt gains a bit more attention; after all, the tally has exceeded $ 1.3 trillion (a common statistic) and has surpassed credit card debt and auto loan debt as a leading source of debt in America.
While in most states student loan debt far surpasses auto loans and credit card debt, Texas and Nevada are two of the few states where auto loans exceed other debts.
But as more people have invested in college, the total amount of outstanding student loan debt exceeds auto and credit card debt.
Total outstanding student loan debt is approaching 1.5 trillion dollars, exceeding credit card debt, exceeding auto loan debt.