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Florida Nursing Student Files Bankruptcy Amid Rising Car Costs

3/17/2026

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Story summary
  • Davine Greene, a 24-year-old nursing student from Fort Lauderdale, Florida, filed for bankruptcy.
  • Greene faced an $830 monthly car payment and more than $80,000 in debt.
  • Greene described her Kia K5 GT as a burden and the worst decision.
  • Rising car prices and higher interest rates, with insurance costs, worsen ownership due to the war in Iran.
  • The average rate on a 60-month new car loan reached 7.22% in November.