A key group of American borrowers is falling significantly behind on their car loans. It’s yet another sign that the US ...
A new study by VantageScore found that auto loan delinquency rates have increased more than 50% over the last 15 years.
After waiting for nearly a year, the Federal Reserve has cut interest rates. Here's a look at what that means for someone ...
Car loan delinquencies have gone up by 50 percent in the last 15 years, a troubling trend considering that many Americans ...
Investopedia determined that Bank of America is the best overall auto lender thanks to its reasonable terms and accessibility. See all of our best auto loan picks.
The growing number of repossession assignments coincides with a surge in delinquencies. According to Fitch Ratings, 6.43 ...
While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.
Car loans have gone from the safest consumer credit products to among the riskiest over the last 15 years as delinquencies ...
As the car loan crisis deepens, a growing number of Americans are struggling to keep up with their auto loan payments.
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
YES: Young and old cannot afford cash outlays to buy a car, used or new. And they certainly cannot afford a house at these ...
The best rates go to those with good credit, but there are still ways to save money if your credit has room for improvementBy ...