American households carry $1.66 trillion in auto loan balances collectively as of Q3 2025, according to the Federal Reserve ...
A $1,000 monthly car payment used to be a rarity, the kind of number you'd only see on a high-end luxury model. Fast-forward to today, and the average new car costs more than $50,000. The payments ...
As 2026 approaches, many people are looking for ways to tackle their credit card debt more efficiently in the new year. A ...
Learn five strategies to reduce your car payment.
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
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Analysis: How to refinance a car loan and determine if it’s the right financial move
You may want to know how to refinance a car to give you some breathing space on your monthly payments, but is it the right ...
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders, following the recent high-profile collapses of Tricolor Holdings ...
Nov 12 (Reuters) - The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the ...
Car prices are still historically high and most people are financing their vehicle with auto loans. At the start of 2024, car payments averaged $735 a month for new vehicles and $523 for used vehicles ...
Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...
Avis to pay $19 million for improperly charging rental car ancillary fees. Eligible Payless renters receive up to $20 (for gas service) and $12 (for roadside protection) per rental. Payless must now ...
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