Americans Are Prioritizing Phone Payments Over Car Loans

https://www.bloomberg.com/news/articles/2018-05-22/borrowers-pick-mobile-phones-over-cars-as-daily-dependence-grows

“Payment priority of cell phones is higher than personal and auto loans and similar to or slightly lower than that of mortgage,”

Similar to mortgage? Wow, that wouldn’t even be close for me. Of course I do have a land line and losing the cell would just be an inconvenience.

 

h/t  freddyjohnson

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