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Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans. A record share of Americans — more than 20% — agreed to pay more than $1,000 per ...
To cope with the high cost of buying new and used vehicles, some buyers are taking out loans of six years or more. 2 News Oklahoma's Cathy Tatom looks at why this could be a financially risky move.
We’ve all heard the advice that you should never accept the first offer. This wisdom is especially true in the world of used ...
If you purchased a new car after Dec. 31, 2024, you can now deduct the interest you paid on the auto loan when you file your taxes.
The 20/4/10 Rule suggests you make a 20% down payment, take a four-year loan, and keep total car costs under 10% of your ...
A lower sticker price doesn’t always mean lower costs, since used cars typically come with higher interest rates and repair expenses.
Soaring car prices and interest rates are making auto loan payments increasingly difficult for many Americans, especially those with bad credit. Among subprime borrowers, the delinquency rate ...
Six-year car loans promise lower monthly payments, but higher interest and depreciation can quietly add up—here’s why long ...
The modern financial landscape has shifted dramatically over the last decade. Gone are the days when getting a bit of extra ...
Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...