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Americans unknowingly overpay $54 billion every year on car loans. See which drivers are defying the odds

Americans unknowingly overpay $54 billion every year on car loans. See which drivers are defying the odds
Photo: KVIA ABC-7 · view original

Americans overpay an estimated $54 billion a year on their car loans, according to an analysis from Caribou. Most drivers don’t shop around for auto loan rates the way they would for a mortgage, and that often means they pay more than they need to. Refinancing an auto loan gives drivers a chance...

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