USA built the whole concept of mass credit adoption. So it's only natural. Americans buy everything on credit. And have some of the highest credit card debts in the world. The average car loan is now around 69 months!!! 69! that's nearly 6 years!!! People really need six years to pay off their cars? That's not a good sign. And that's just the average new car loan! Which means there are some people doing 7 year loans on a car. In the Middle East, like Dubai, you're expected to pay off the mortgage to your house in around 5-7 years if you expect a fixed interest rate. Variable interest rate loans in Dubai allow up to 25 years supposedly. In USA, a typical home mortgage using a fixed rate is between 15-30 years. If car loans are now 7 years, I'd expect to see home loans going to nearly 45 years! Also, in USA, many people lease cars too. Now, to be fair, I can see it being advantageous to borrow money from a bank and finance a car, especially if your bank will give you a low interest rate (around 3%) - sometimes the car company subsidizes the rate too. Especially during a period of high inflation, low interest rates could mean that you're borrowing money for almost nothing. But, the vast majority of people who are looking at these long loans in USA are doing it because they can't afford a high monthly payment. And that's a worrying sign.