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Car Buyers Should Be Wary When Taking Out Loans, Says Consumer Reports Study

Max King

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Spencer PlattGetty Images

There’s not a ton of easily available data on the auto loan landscape in the U.S., so Consumer Reports collected information on almost 858,000 car loans. Turns out, it’s ugly out there.For example, over the past decade, the average monthly payment for a new car climbed almost 25 percent, to almost $600 today. The total amount of auto loan debt out there today in the U.S. is around $1.4 trillion.Making matters worse, even car shoppers with good to excellent credit ratings might be offered loans at absurdly high interest rates. What’s a consumer to do? Shop around aggressively for the best rates, and focus on the total cost and the interest rate, not just the monthly payment.

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Original Article: caranddriver.com

Cars and Trucks

Simplex Wireless Selects Simetric to Deliver Best in Breed IoT…

Max King

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Simplex will begin extending new services and capabilities to its customers by partnering with Simetric to meet the ever-growing demand from customers deploying IoT devices. The inclusion of Simetric…

(PRWeb June 16, 2022)

Read the full story at https://www.prweb.com/releases/simplex_wireless_selects_simetric_to_deliver_best_in_breed_iot_connectivity_in_support_of_expanding_their_robust_global_connectivity_offering/prweb18737196.htm

Article: prweb.com

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Cars and Trucks

British Smartphone Accessory Brand Adds Best Buy to Its Global Retail…

Max King

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UK smartphone accessory brand that launched during the pandemic announces US consumer electronics retailer, Best Buy, as its latest stockist.

(PRWeb June 20, 2022)

Read the full story at https://www.prweb.com/releases/2022/06/prweb18742986.htm

Original Article: prweb.com

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Cars and Trucks

Mojix Launches ‘Source’, a Platform and App for First to Last-Mile…

Max King

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Today, at the GS1 Connect conference, Mojix revealed Source: the first SaaS platform and app to make first-mile traceability easy and low cost for any raw material supplier, whether agricultural or…

(PRWeb June 08, 2022)

Read the full story at https://www.prweb.com/releases/2022/6/prweb18722996.htm

Article: prweb.com

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