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The 7-year car loan trap: Why nearly half of Americans are taking on longer debt
With new car prices near $50,000, nearly half of buyers are taking loans longer than 72 months. Discover the hidden financial ...
Ford Motor Co. and General Motors have cleared a key regulatory hurdle after federal banking regulators approved their applications to establish industrial banks, a move that gives the two ...
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What banks really consider on auto loans
Lenders evaluate more than just a credit score when approving car loans, including income, debt, and loan structure. How do ...
Federal regulators recently granted conditional approval for the companies to set up industrial banks that will focus on ...
Find out if your new car or truck was built in the United States. See the window sticker or use a VIN Decoder tool at the National Highway Traffic Safety Administration website. Beginning on 2025 tax ...
Some lenders are seeing an uptick in used-car loans in the wake of rising new vehicle prices. “We’re originating [loans for] more used cars than new in a pretty big way,” Porrello said. “That’s a sign ...
Dealertrack’s November 2025 data shows auto credit conditions improving across channels and lenders, with higher approval rates and narrower yield spreads. The Dealertrack Credit Availability Index ...
Dealership transactions are on track for a record year in 2025, fueled by robust buyer cash reserves, declining interest rates, and high demand in both luxury and ultra-luxury markets. On the latest ...
Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Betsy began her career in international finance and it has since ...
While banks and captives led the charge in credit access in October, their 60-plus-day delinquencies in the third quarter climbed, according to a Nov. 3 TransUnion report. “Credit availability has ...
Can you buy a new car with bad credit in 2025? Yes, it’s possible, but it’s tricky and carries some risks. Still, it can be done if you do your homework and plan properly. Ideally, you should avoid ...
NerdWallet is committed to editorial integrityMany or all of the products on this page are from partners who compensate us when you click to or take an action on their website, but this does not ...
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