Why Are People Borrowing Money Why Are People Borrowing Money
New York report notes record installment buying and borrowing this year with cars leading the loans. It surveys why people borrow, trends in home improvements, mobile homes, and other loans, plus cautions on debt levels and finance charges. The piece discusses typical debt guidelines, car loan terms, and how to assess safe borrowing. It also mentions a photo moment with Jacqueline Kennedy Onassis at a charity event.