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Even households earning $150,000 a year are struggling with credit card and car payments (www.cbsnews.com)
submitted 1 year ago by to c/aboringdystopia@lemmy.world
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[–] 2 points 1 year ago (2 children)

Maybe, but the average car payment for people who don't take out loans to buy cars is... Zero.

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  • [–] [S] 3 points 1 year ago (1 child)

    42% of Americans cannot afford a $400 emergency.

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  • [–] 3 points 1 year ago*

    I am not sure what that has to do with what I said.

    I guess it reinforces what I said? If they cant afford an emergency, why are they getting into more debt? Maybe if they didnt take out the car loans in the first place they could....

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