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Cities Struggling Most With Car Loans | Birmingham News
Published 1 day, 12 hours ago
Description
Car payments are crushing budgets in some U.S. cities—Rio Grande City, TX, tops the list with auto debt nearing 92% of median income. WalletHub’s analysis reveals Pine Bluff, AR, and Donna, TX, also struggling, while Scarsdale, NY, spends the least relative to income. Experts urge considering used cars or saving to avoid crippling loan burdens.
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