After waiting for nearly a year, the Federal Reserve has cut interest rates. Here's a look at what that means for someone ...
Higher prices and interest rates, long loan terms and early trade-ins are making it easier than ever to find yourself underwater on a car loan. Edmunds’ experts share advice on how to best ...
Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm specialized in extending auto loans to buyers with poor credit ratings — or none at all — many of whom ...
Auto loans remain the second-largest debt category for American consumers, behind mortgages. Now, more people are falling behind on their car payments, with total auto loan debt reaching more than ...
The car buying process can be fun, stressful, or anything in between. Amanda Bruggman, Duluth branch manager at Affinity Plus Federal Credit Union, said the auto loan process begins far before a ...
America’s love affair with new cars is colliding with a financial nightmare. According to a new report from the Consumer Federation of America (CFA), total U.S. auto loan debt has ballooned to an ...
People in Killeen have more auto loan debt than people in most other cities across the nation, according to a new report. In a survey of more than 2,500 cities in the United States, WalletHub found ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Brendan is a full-time senior editor of financial products and services at ...
It was once nearly unheard of, but now, the seven-year car loan is pretty much par for the course for one simple reason: it's the only way most normal folks can afford to own new cars. Average car ...
With increased sticker prices and inflated interest rates, Americans are struggling to keep up with their auto loans. The average monthly car payment has shot up nearly 30% since 2020, according to ...
Discover how to secure preapproval for a car loan, understand eligibility criteria and strengthen your negotiating position when shopping for a vehicle Amy Danise is the staff Senior Insurance Editor ...
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