About this episode
🚗 Check out the Ramsey Car Guide . Americans are carrying over $1.6 trillion in car debt right now, and the problem's getting worse—thanks to a growing trend in the auto loan industry that’s costing some consumers thousands of dollars. In today’s video, we’ll talk about what’s happening and how to avoid this increasingly common money trap. Next Steps: • 🎥 Watch my video Reliable Used Cars to Buy in 2025 . • 📈 Are you on track with the Baby Steps? Get a free personalized plan. • 💵 Start your free budget today. Download the EveryDollar app! • 📊 Find out your earning potential with the Investment Calculator . • 💰 Estimate how fast you can pay off your car loan Auto Loan Calculator . Connect With Our Sponsors: • Get up to 40% off Cozy Earth with code GEORGE. • Get 20% off when you join DeleteMe . • Go to FAIRWINDS Credit Union for an exclusive account bundle! Explore More From Ramsey Network: 🎙️ The Ramsey Show 🍸 Smart Money Happy Hour 💸 The Ramsey Show Highlights 🧠 The Dr. John Delony Show 💡 The Rachel Cruze Show 🪑 Front Row Seat with Ken Coleman 📈 EntreLeadership Ramsey Solutions Privacy Policy Learn more about your ad choices. Visit megaphone.fm/adchoices