For 85% of Americans, the purchase of a new vehicle means taking on monthly payments. But for too many buyers, auto loans are turning into debt traps from which escape can be difficult. Today, one in ...
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The car trap: how owners are forced into debt
For many Malaysians, car ownership is no longer a sign of freedom — it’s an unavoidable financial burden. Behind every new car purchase—more than 450,000 units were sold in 2024—lies a deeper issue: a ...
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Why Car Payments Are the New Credit Card Debt Trap
Struggling with debt is never fun. Whether it’s credit cards, auto loans or something else, those monthly payments can cause a lot of financial stress. But while many experts agree that high-interest ...
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