Analysis | Consumer Credit Is Soaring in the US. So What?
Briefly

That's mostly education and car loans, but it also includes financing for other big-ticket goods such as boats and trailers that surged in popularity during the pandemic.
...
Chalk that up to the extraordinary runup in car prices in 2021 and, perhaps to some degree, the extra interest in car ownership due to public health concerns.
Read at Washington Post
[
add
]
[
|
|
]