4 Big Risks of Taking Out a Long-Term Car Loan

Auto loans have been getting bigger, longer and riskier. If you’re thinking about taking out a car loan of five years or longer, you may want to think again. According to data from Experian, average car loan amounts are at a record high. For new cars, the typical loan is now above $30,000 and the…

The post 4 Big Risks of Taking Out a Long-Term Car Loan appeared first on Next Avenue.

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Originally posted 2017-05-16 08:10:32.

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