Auto loan debt is the second-largest category of U.S. consumer debt, trailing mortgages. Americans owe $1.644 trillion in ...
A car is an expensive purchase, but choosing the right lender can save you thousands of dollars in interest charges and fees. Plus, you want your car shopping experience to be easy and transparent ...
The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers ...
A less-than-perfect credit score can be a barrier to favorable terms on auto loans. Fortunately, even if your credit history has some blemishes (think scores below 670), you still have plenty of ...
The subprime auto loans 60-plus-day delinquency rate rose to 6.15%, a new record for December. For the delinquency rate prime auto loan ABS has been in pristine condition (0.37% in December) ...
Not even an increase in new cars under $30,000 could keep one factor from making affordability a major challenge as we head ...
Like many other Americans, luxury car owners make monthly auto payments. When they pay, it is often to entities that carry ...
Though many households are faltering on credit card and auto loan payments, wealthier Americans keep overall spending metrics ...
Edmunds reported record-high negative equity on vehicle trade-ins still under loan, leaving many Americans deeper underwater.
Car prices and the resulting monthly payments have been rising rapidly in recent years. As of the third quarter of 2024, the ...