With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly ...
Car loans have grown steadily longer in recent years, as buyers labor to keep pace with rising prices. Nowadays, a car buyer seems to have as many financing options as a homebuyer. The Trump ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
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 ...
Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. Some dealers ...
Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
Making a sizable down payment on your vehicle can decrease the amount you need to borrow, your monthly payment and help you secure a better rate. It’s wise to aim for a down payment of at least 10 ...
A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...
Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates. A recent study by VantageScore found that auto loan delinquency rates have ...
Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...
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