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Monthly Archives: May 2026

CarLoan Debt

Seven-Year Car Loans Are the New Normal

By Consumer Law PA |

Ten years ago, the standard repayment term for a car loan was five years. People accepted that, if you couldn’t afford the monthly payment on a five-year car loan, you could not afford the car. Seven-year car loans were only for people determined to live beyond their means, or else for cash-strapped folks who… Read More »

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