Featured in auto loansBYStef SchraderMay 1, 2020ShareOver a Quarter of Buyers Got 0% Finance Deals on New Cars Last MonthBut this could spell trouble for buyers purchasing above their means. BYStef SchraderMay 1, 2020ShareBYStef SchraderDec 13, 2019ShareThese States Have the Highest Monthly Auto Payments In the USLonger loan terms don’t mean cheaper cars, especially if you live in one of these states. BYStef SchraderDec 13, 2019ShareBYRob StumpfFeb 13, 2019ShareOver 7 Million Americans Are at Least 3 Months Behind on Car Payment, Study SaysCar owners aged 18 to 29 are among the highest defaulters. BYRob StumpfFeb 13, 2019ShareBYElizabeth PuckettOct 26, 2018ShareOver Half of New Car Loans in Canada Have 84-Month Terms as Sales Continue to RiseIn most cases, however, this doesn’t end in the buyer’s favor. BYElizabeth PuckettOct 26, 2018ShareBYBrian BeersJun 1, 2018ShareThe Average Monthly Payment for New Cars Is Higher Than EverBorrowing for the American Dream is becoming even more expensive. BYBrian BeersJun 1, 2018ShareBYKate GibsonMar 6, 2018ShareAmericans Are Borrowing More Than Ever For CarsAverage new-vehicle loan rises to $31,099 in the fourth quarter, Experian says. BYKate GibsonMar 6, 2018ShareBYKate GibsonMar 6, 2018ShareInterest Rates on Auto Loans Highest in Eight YearsThe average annual percentage rate on new financed vehicles was 5.2 percent last month, according to analysts at Edmunds. BYKate GibsonMar 6, 2018ShareBYJustin HughesJan 26, 2018ShareUnderwater Car Loans Are Bigger Than EverThis is bad for trade-ins, as well as the economy in general. BYJustin HughesJan 26, 2018ShareBYKate GibsonJan 12, 2018ShareReport Highlights Racial Discrimination in Car Sales, Auto LoansLess-qualified whites were given more financing options than more credit-worthy non-whites at eight dealerships in Virginia. BYKate GibsonJan 12, 2018ShareBYKate GibsonDec 13, 2017ShareAuto Delinquencies to Rise in 2018, TransUnion ProjectsAverage auto loan debt per borrower will hit $18,588 at the end of 2017 and is forecast to rise to $18,694 by the final quarter of 2018. BYKate GibsonDec 13, 2017ShareBYCaleb JacobsSep 18, 2017ShareAmericans Have $1.1 Trillion in Car Loan Debt, Report SaysThat’s roughly 70 percent of U.S. currency in circulation. BYCaleb JacobsSep 18, 2017Share
BYStef SchraderMay 1, 2020ShareOver a Quarter of Buyers Got 0% Finance Deals on New Cars Last MonthBut this could spell trouble for buyers purchasing above their means. BYStef SchraderMay 1, 2020Share
BYStef SchraderDec 13, 2019ShareThese States Have the Highest Monthly Auto Payments In the USLonger loan terms don’t mean cheaper cars, especially if you live in one of these states. BYStef SchraderDec 13, 2019Share
BYRob StumpfFeb 13, 2019ShareOver 7 Million Americans Are at Least 3 Months Behind on Car Payment, Study SaysCar owners aged 18 to 29 are among the highest defaulters. BYRob StumpfFeb 13, 2019Share
BYElizabeth PuckettOct 26, 2018ShareOver Half of New Car Loans in Canada Have 84-Month Terms as Sales Continue to RiseIn most cases, however, this doesn’t end in the buyer’s favor. BYElizabeth PuckettOct 26, 2018Share
BYBrian BeersJun 1, 2018ShareThe Average Monthly Payment for New Cars Is Higher Than EverBorrowing for the American Dream is becoming even more expensive. BYBrian BeersJun 1, 2018Share
BYKate GibsonMar 6, 2018ShareAmericans Are Borrowing More Than Ever For CarsAverage new-vehicle loan rises to $31,099 in the fourth quarter, Experian says. BYKate GibsonMar 6, 2018Share
BYKate GibsonMar 6, 2018ShareInterest Rates on Auto Loans Highest in Eight YearsThe average annual percentage rate on new financed vehicles was 5.2 percent last month, according to analysts at Edmunds. BYKate GibsonMar 6, 2018Share
BYJustin HughesJan 26, 2018ShareUnderwater Car Loans Are Bigger Than EverThis is bad for trade-ins, as well as the economy in general. BYJustin HughesJan 26, 2018Share
BYKate GibsonJan 12, 2018ShareReport Highlights Racial Discrimination in Car Sales, Auto LoansLess-qualified whites were given more financing options than more credit-worthy non-whites at eight dealerships in Virginia. BYKate GibsonJan 12, 2018Share
BYKate GibsonDec 13, 2017ShareAuto Delinquencies to Rise in 2018, TransUnion ProjectsAverage auto loan debt per borrower will hit $18,588 at the end of 2017 and is forecast to rise to $18,694 by the final quarter of 2018. BYKate GibsonDec 13, 2017Share
BYCaleb JacobsSep 18, 2017ShareAmericans Have $1.1 Trillion in Car Loan Debt, Report SaysThat’s roughly 70 percent of U.S. currency in circulation. BYCaleb JacobsSep 18, 2017Share