List: Here's why people pay off cars before houses and credit cards

Published: Wednesday, April 11 2012 12:10 p.m. MDT

Photo credit: AP photo/Damian Dovarganes
A 2011 study has shown that people would rather remain current on their auto loans than on credit cards and mortgages. The study looked at 4 million consumers, and specifically identified consumers who had delinquent loans. Source: TransUnion Payment Hierarchy Analysis transunion.com
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