Auto Finance Near Top of Millennial Debt Burden Featured

By Staff Writer September 14, 2018

Auto finance is the second largest debt burden for millennials.

Auto finance debt was the biggest debt burden in 15 metropolitan areas and averaged about 33 percent of millennial’s average total debt balances.

Student loans were the No. 1 burden.

Auto finance accounted for over 43 percent of the average debt for millennials in Riverside, Calif., and San Antonio.

Last modified on Friday, 14 September 2018 01:28

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