A good auto loan rate depends on your circumstances and the vehicle. In December 2025, the average new car loan rate was 6.90% for new cars and 10.80% for used cars, according to Edmunds. Your credit ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
As he continues to work hard to make the American Dream accessible to everyone, President Trump today has asked the Departments of Transportation and Commerce to make vehicle ownership for all a ...
A rumor going around online stated that President Donald Trump has proposed 15-year auto loans. While not true, a 15-year auto loan wouldn’t financially be a good idea in the long run. A wild idea ...
More Americans are struggling to keep up with their car payments. An October report from Vantage Score shows that auto delinquencies are up 50% since 2010. Add to that, Fitch Ratings data shows ...
More borrowers fell significantly behind on their car payments last month — and experts say the resumption of student-loan payments could be a contributing factor. Car loans delinquent by at least 60 ...
New car prices have never been higher. The estimated average selling price in September was $50,080, according to Kelley Blue Book. Many buyers are dealing with this sticker shock by taking out longer ...
On the surface, the economy looks like it’s holding up. The stock market is up, unemployment remains relatively low, and consumer spending hasn’t slowed much. But if you shift your focus to the road, ...
Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...
That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...
Transition relief provided by the IRS on Tuesday in Notice 2025-57 makes it easier for certain lenders to report car loan interest for vehicles that meet standards set in the new tax law and also ...
Regional banks face renewed pressure, driven by rising auto loan delinquencies and concerns over private debt and fraudulent lending practices. Recent bankruptcies in the auto sector, including ...
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