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Credit card debt is like 100k/person. How has this not imploded
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Date: April 16th, 2025 4:14 PM Author: scholarship (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854199) |
Date: April 16th, 2025 4:14 PM Author: Oh, you travel? ( ) link? (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854202) |
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Date: April 16th, 2025 4:16 PM Author: ,,;;,,,;,,,:,;,,,,,,;:,,,;,,,,,:,,,;;,,,; I have $300k in credit card debt lol. I pay about $200k a month to shave it. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854211) |
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Date: April 16th, 2025 4:16 PM Author: (-_-) (-_-) (-_-) (-_-) wut (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854215) |
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Date: April 17th, 2025 4:15 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. I appreciate the round consulting numbers. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48857985) |
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Date: April 16th, 2025 4:23 PM Author: aqua jeet (🧐) (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854259) |
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Date: April 16th, 2025 4:26 PM Author: ....,,,.....,,....,.......,,,...., (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854277) |
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Date: April 16th, 2025 4:30 PM Author: scholarship (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854286) |
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Date: April 16th, 2025 4:36 PM Author: potluck (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854314) |
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Date: April 16th, 2025 5:37 PM Author: chilmata (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854580) |
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Date: April 16th, 2025 6:18 PM Author: Trust If Aryan L’chaim! (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854796) |
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Date: April 16th, 2025 4:20 PM Author: scholarship idk i just guessed (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854249) |
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Date: April 16th, 2025 4:23 PM Author: "right wing" twitter mischling (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854260) |
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Date: April 16th, 2025 4:31 PM Author: aqua jeet (🧐) (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854294) |
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Date: April 16th, 2025 5:10 PM Author: Chris Isaak?s Think of (and Poast for) Tomorrow tp (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854446) |
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Date: April 16th, 2025 5:13 PM Author: lsd (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854453) |
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Date: April 16th, 2025 5:21 PM Author: Trade Wars Are Good And Easy To Win (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854480) |
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Date: April 16th, 2025 5:37 PM Author: chilmata (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854582) |
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Date: April 17th, 2025 3:43 PM Author: .,.,...,..,.,.,:,,:,.,.,:::,...,:,...:..:.,:.::,. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48857887) |
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Date: April 16th, 2025 4:17 PM Author: Trade Wars Are Good And Easy To Win Only have to pay $222/month to pay off by 2054 (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854220) |
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Date: April 16th, 2025 4:21 PM Author: scholarship Across the country, many Americans are struggling with mounting credit card debt. The most recent data from the Federal Reserve reveals that credit card debt stood at $18.04 trillion—yes, that’s trillion with a “t”—in Q4 2024. The figure represents a meaningful increase compared to the country’s prepandemic credit card debt high of $927 billion. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854250) |
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Date: April 16th, 2025 4:22 PM Author: "right wing" twitter mischling Not a "math" guy how much does that come out to per adult (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854258) |
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Date: April 16th, 2025 4:23 PM Author: scholarship Idk i skipped math in law school (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854263) |
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Date: April 16th, 2025 5:10 PM Author: Chris Isaak?s Think of (and Poast for) Tomorrow tp (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854448) |
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Date: April 16th, 2025 4:23 PM Over $100 (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854265) |
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Date: April 16th, 2025 5:40 PM Author: Greetings MEDIAN is the only thing that matters, and maybe not even that without adjusting for assets or something (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854603) |
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Date: April 16th, 2025 4:25 PM Author: Trade Wars Are Good And Easy To Win Yes, adding 17 trillion of credit card debt in five years is quite the meaningful increase. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854271) |
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Date: April 16th, 2025 4:25 PM This appears to misstate all household debt as credit card debt. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854272) |
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Date: April 16th, 2025 4:27 PM Author: Trade Wars Are Good And Easy To Win It would be more than $50,000 for every single man, woman and child in America. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854279) |
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Date: April 16th, 2025 4:41 PM Author: Trump Tariffs Can Do No Wrong (TDNW) Elon could pay this all off and still have 5 trillion leftover (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854330) |
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Date: April 16th, 2025 4:26 PM Author: animeboi (.) Its not that high. But car loan debt will crash first. Just LOL that they ever allowed people to roll over 'negative equity' into a new car loan. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854276) |
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Date: April 16th, 2025 4:27 PM Author: Trade Wars Are Good And Easy To Win Wait, really? (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854280) |
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Date: April 16th, 2025 4:39 PM Author: top golf Explain how this works (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854326) |
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Date: April 16th, 2025 5:03 PM Author: animeboi (.) People will go to the dealer and trade in their current car with loan which they owe more on than the car is worth for another car. The dealer will give them credit for the trade in and put the balance of the old loan on the new auto loan (only 84 months @ 27%). If anyone can't see the inevitable result of this kind of financing... it's fucking car dealers.
https://www.youtube.com/watch?v=bk9gTaQSAhs
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Date: April 16th, 2025 4:41 PM Author: Oh, you travel? ( ) wtf is negative equity lol (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854331) |
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Date: April 16th, 2025 4:44 PM Author: Texas School Book Suppository I had no idea. There is whole other world out there apparently. From AI: Rolling negative equity into a new car loan means adding the difference between what you owe on your current car loan and its trade-in value to the new loan. While convenient, this can significantly increase the loan amount and monthly payments, potentially making you "underwater" (owing more than the car is worth) on the new loan as well. |
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Date: April 16th, 2025 4:53 PM Author: google starbucks barista Is this widespread? (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854396) |
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Date: April 16th, 2025 4:57 PM Author: scholarship I assume you eventually have to pay this though, right?
There’s a similar hack I’ve been using with PAYE where i get a new macbook pro every 3 years but it’s just added to the balance that gets forgiven so it’s free. |
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Date: April 16th, 2025 5:04 PM Author: Trade Wars Are Good And Easy To Win Wait, so if I am buying a $20k car and am trading in a $10k car on which I still owe $15k, they will issue me a loan for $25k? (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854431) |
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Date: April 16th, 2025 5:06 PM Author: animeboi (.) This is just one guy's channel:
https://www.youtube.com/@RideWithYusufb/videos
I'm shocked xo isn't familiar with the latest developments in nigger financing. |
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Date: April 16th, 2025 5:13 PM Author: Trade Wars Are Good And Easy To Win He just dropped a video titled “ITS ALL FAKE EVERYTHING YOU SEE IS FAKE” (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854451) |
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Date: April 16th, 2025 5:03 PM Negative equity is just a euphemism for debt. Like, you owe $20,000 on a car worth $14,000. The $6,000 difference will be rolled into your next car loan. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854428) |
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Date: April 16th, 2025 5:08 PM Author: Oh, you travel? ( ) oh ok yeah I knew this shit was going on. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854443) |
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Date: April 17th, 2025 4:13 PM Author: Oh, You Travel? ( ) Haven’t you ever heard about proles being “upside-down” on a car loan? If not you aren’t Scum. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48857979) |
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Date: April 16th, 2025 4:58 PM Author: sealclubber credit card debt per holder is $8220 (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48854415) |
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Date: April 17th, 2025 4:39 PM Author: ChadGPT-5 emulation of 90s Japan honestly
house, car, credit cards tally up especially if you form household
Fed is essentially rolling toxic high apr risk unto consumers and running on short term yields that are then rolled into longer term yields. |
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Date: April 17th, 2025 4:40 PM Author: """'"'"""'' someone says something retarded and wrong and it spawns a 100+ thread (xo2025) (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48858049) |
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Date: April 17th, 2025 4:43 PM Author: animeboi (.) shut the fuck up we're laughing at proles rolling their car debt into new car loans. (http://www.autoadmit.com/thread.php?thread_id=5711798&forum_id=2Elisa#48858056) |
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Date: April 17th, 2025 5:28 PM Author: OldHLSDude How did you guys break 130 on the LSAT?
HOUSEHOLD DEBT AND CREDIT REPORT (Q4 2024) Downloads Household Debt Hits $18.04 Trillion; Auto and Credit Card Delinquency Transition Rates Remain Elevated Total household debt increased by $93 billion to reach $18.04 trillion in the fourth quarter, according to the latest Quarterly Report on Household Debt and Credit. Aggregate delinquency rates ticked up 0.1 percentage point (ppt) from the previous quarter to 3.6 percent of outstanding debt in some stage of delinquency. Mortgage balances rose by $11 billion to stand at $12.61 trillion at the end of December. Transition into serious delinquency, defined as 90 or more days past due, remained stable for mortgages, but edged up for auto loans, credit cards, and HELOC balances. Auto loan balances saw an $11 billion increase to $1.66 trillion in the fourth quarter, while credit card balances increased by $45 billion from the previous quarter to reach $1.21 trillion at the end of December.
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