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$1,000 car loan payments are on the rise. Car buying is stressing household budgets like never before. [CNN]

TransUnion (TRU) 
Last transunion earnings: 4/28 06:50 am Check Earnings Report
US:NYSE Investor Relations: investors.transunion.com
Company Research Source: CNN
Fortunately, he was OK. But when she went shopping for a replacement SUV, Dickerson, a paralegal from Orting, Washington, soon discovered it was going to cost her far more than the $400 a month she had been paying. “It was quite a shock,” said Dickerson, who also had to extend the loan to 72 months, or six years. “When I heard my interest rate was going to be 15%, I almost crapped my pants.” The high monthly car payments — coupled with other changes in her household budget, including higher rent — caused Dickerson to fall deep into debt. “Now I'm relying on the credit cards to live, to pay for things that I can't pay now,” she said. “Food and stuff you need — the electric bill, phone bill. You think you'll be able to pay them off next month and then you can't.” Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans. A record share of Americans — more than 20% — agreed to pay more than $1,000 per month for a new car Show less Read more
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