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84-month new-car loans hit a record high in the first quarter of 2025, according to Edmunds. Its analysts report that 1 in 5 ...
Key takeaways: 84-month auto loans hit a record 19.8% of new-car financing in Q1 2025 Affordability remains a top concern ...
In general, if you don’t make on-time payments on your car loan, your lender can repossess the car. And if you’re in ...
Auto lenders may need to prepare for additional documentation requirements as a new bill aims to make auto loan interest tax ...
Car buyers are opting for extended loans as average prices soar to $48,000, but experts warn this may lead to long-term ...
As a car-dependent nation, some buyers in the U.S. cannot wait for a promotion or sale to get a new car. Unfortunately, some ...
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Does Financing a Car Build Credit?
Buying a car is one of the biggest purchases many people make — and for most, it involves taking out an auto loan. But beyond getting the keys to your new ride, you might be wondering: Does financing ...
Ever found yourself wondering, "Is an auto loan secured or unsecured?" You're not alone. Many people get stuck on this ...
Car buyers should shop and compare car loans before settling on a vehicle as one way to cut down on costs. President Donald Trump's auto tariffs are likely to send new monthly car payments soaring, ...
President Donald Trump proposed making interest payments on car loans tax deductible for U.S.-made vehicles as part of a ...
If your lender offers modifications on car loans, you may be able to get some relief. Auto loan modification involves adjusting your monthly payment amount, due date or sometimes your interest rate.
As of January, over 6% of auto loans were delinquent by 60 days or more, according to Fitch Ratings. With the recent trend of ...