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New Vehicle Prices Continued to Rise All Year

New vehicle transaction prices rose steadily throughout 2016, reaching a record level in December. The average paid for a new light vehicle in December was $35,309, according to Kelley Blue Book. KBB said that new-car prices increased by $521 (up 1.5 percent) from December 2015 to December 2016. They rose by an alarming $166 (up […]

Credit Card Debt
American Household Credit Card Debt a Growing Burden

American households with credit card debt have an average of $16,061 of it, according a study from NerdWallet. NerdWallet adds that consumers who carry credit card debt pay an average of $1,292 per year in interest on it. Now, maybe you read that top line statistic and say, “great! I’m below the average.” But there […]