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March and April saw new auto loan trends—and the pattern may remain for awhile.
The average auto loan interest rate for new cars in the fourth quarter of 2024 was 6.35 percent, while the average used car loan interest rate was 11.62 percent. Your credit score plays a ...
The House's first draft of tax legislation includes a provision sought by President Donald Trump to allow tax deductions for interest on car loans. The 389-page tax bill, which is a starting point for ...
Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...
If you are looking to lower your monthly instalments or get better interest rates for your car loan, a car loan balance ...
If you buy a car that was made in this country, President Donald Trump wants you to be able to deduct the interest. The White ...
The U.S. car market faces a perfect storm that is rapidly engulfing ordinary car owners across the country. The clearest sign ...
High interest rates have offset any concrete wins from stabilizing vehicle prices. Inflation and its impacts are likely not going away anytime soon. That means high car loan interest rates will ...
Republicans' “one big beautiful bill” would eliminate taxes on tips and overtime, give new cuts to seniors, and make interest ...
while the average auto loan rate for used cars is 10.9%, according to Edmunds. At the end of 2024, those rates were 6.6% and 10.8%, respectively. With interest rates near historic highs and car ...
Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard and Ron Lieber The Federal Reserve is ...