Washington — A Trump-backed tax holiday on auto loan interest payments could save middle-class Americans several hundred ...

If you receive a $50K windfall, have a small car loan, no credit card debt, and limited expenses, what should you do with the money? Paying off your car loan is one option, and investing is another.

With KBB placing the average used car price at $25,565, finding an affordable used car can easily present a challenge. ... Car loan defaults are on the rise, reaching an all-time high.

While it may be a challenge to get a car loan with no down payment, it’s certainly not impossible. If you’re looking for a car loan with no money down, these tips can come in handy. 1. Shop Around ...

During the second quarter of 2024, the average monthly car loan interest rate for borrowers with super prime credit (above 780) was 5.25%, whereas drivers financing a vehicle with deep subprime ...

With KBB placing the average used car price at $25,565, finding an affordable used car can easily present a challenge. ... Car loan defaults are on the rise, reaching an all-time high.

Key takeaways: 84-month auto loans hit a record 19.8% of new-car financing in Q1 2025 Affordability remains a top concern amid $1,000+ pay Trending Trending ...

Shopping for a car loan can be a challenge, so Consumer Reports explains the pros and cons of each type of lender and details why it's important to get pre-approved for a car loan.

The 12-month rejection rate for auto loans was 14.2 percent in June — a new high — up from 9.1 percent in February. "Some lenders have become much more cautious in their underwriting practices." ...

A growing percentage of Americans are falling behind on their car payments, squeezed by rising auto loan interest rates, stubborn inflation and the end to federal pandemic aid. Recent data from ...

New auto loan rates were at all-time lows at the end of 2021. Since then, rates have increased. "However, the Fed's rate policy impacts short-term rates, ...

The highest auto loan rate in 2024 was 8.58 percent for a four-year used car loan in the months of February and July. The lowest auto loan rate in 2024 was 7.41 percent for a four-year used car ...