One North Texas suburb has been listed as one of the top cities where auto loan debt is increasing the most. The list, compiled with data from WalletHub — a platform that helps consumers manage their finances by sharing free resources and tools — features 12 Texas cities in total, including two within the top 20.
The list was compiled through a comparison of 100 of the largest cities in the nation, where WalletHub was able to gather a data set across two key proportions. These include change in auto loan debt and average auto loan balance and monthly payment. Each city was then scored on a 100-point scale.
Here’s the North Texas suburb that came in second overall…