An increasing number of underwater car owners are dragging major debt into their next vehicle purchase, according to Edmunds ...

Synovus Financial is among the banks that have been offloading loans in an effort to reduce risk in their portfolios, scale back from certain businesses or accumulate cash. The private equity firm KKR ...

The average auto loan balance held by consumers in the United States increased 5.2% to $23,792 in 2023, according to Experian data. As in 2022, this increase was broadly based, impacting all U.S ...

The average auto loan balance held by consumers in the United States increased 5.2% to $23,792 in 2023, according to Experian data. As in 2022, this increase was broadly based, impacting all U.S ...

Local ‘You have to do your homework;’ How to balance auto loan debt amidst financial uncertainty, tariffs 20 By WHIO Staff April 09, 2025 at 5:38 pm EDT ...

For example, say you financed a new car less than a year ago and then it gets totaled in an accident. Your car is valued at $27,000 but your loan payoff is $25,500. You pay your $500 deductible ...

Average outstanding auto loan debt balances increased by 5.2% to $23,792 from Q3 2022 to Q3 2023—less than the 7.7% increase from 2021 to 2022, but still more than overall inflation, which was ...

The average auto loan balance held by consumers in the United States increased 5.2% to $23,792 in 2023, according to Experian data. As in 2022, this increase was broadly based, impacting all U.S ...

COLUMBUS, Ohio — Huntington Bancshares acknowledged its balance sheet showed its auto loan balance slid from $6.2 billion to $5.6 billion as 2011 closed.