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President Donald Trump’s mega tax-and-spending cuts bill, signed into law last week, contains plenty of new tax provisions, ...
Long car loans can lower your monthly payment, but you'll end up paying much more in the long run, especially it you opt for an 84-month car loan. ... Making Buying a Challenge.
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 ...
More young Americans are late paying their car loans – approaching levels not seen since the Great Recession, according to a report from the New York Fed. In the last quarter, 4.6% of borrowers ...
Analysts say an increase in late car payments is a concerning trend: despite stubborn inflation and high interest rates, ...
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+ payments and high APRs ...
A salesman walks near a row of Fiat Chrysler Automobiles (FCA) 2017 Jeep Cherokee and Grand Cherokee vehicles for sale at a car dealership in Moline, Illinois, U.S., on Saturday, July 1, 2017.
The average new car loan has a monthly payment over $750, with an interest rate of 9.5%, according to the Wall Street Journal. For used cars, that number shoots up to above 13.7%. And how long are ...
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." ...