Middle class people discuss how monthly car loan payments of $1,000 are increasing. ‘Financial education in this country is simply pathetic’
Car payments exceeding $1,000 a month used to be rare. Now they are everywhere. And many people have stopped being polite about it. CNN recently highlighted Americans like Orting, a Washington paralegal Melissa Dickerson who ended up with a $1,100 monthly payment for a used Acura RDX after his previous car was totaled. He called…