Apparently, President Trump suggested up the idea of a 50-year loan....going from the present 30-year loan.
It is the craziest idea I've heard in 2025.
But....it seems that people have accepted the idea of going from a 48-month car-loan.....up to 96 months (8 years). Plus folks are stupid enough to attend college on loans....getting stuck at age 21 with $100,000 of debt.
It also seems crazy that you have hundreds of thousands of Americans charging hundreds per month on groceries....making debt payments over a year of $2k very easily.
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