More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
If you’re in the market for a new car but can’t pay cash and don’t want to lease, the only other option for you (aside from ...
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7-year car loans cost $10K extra in interest
Seven-year car loans can cost you over $10,000 in interest alone. Experts explain why longer financing terms are becoming the ...
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Business Brief: Auto loan debt
Americans collectively hold $1.7 trillion in auto debt, translating to approximately $14,000 per household ...
Navigate the car loan refinancing process in 2025 to potentially lower your interest rate and monthly payments Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior ...
The sweeping GOP tax bill calls for an above-the-line deduction of up to $10,000 in car loan interest during a given taxable year. You'd pay no tax on that interest, if you qualified. The proposed tax ...
Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates. A recent study by VantageScore found that auto loan delinquency rates have ...
The rise in late auto loan payments is a symptom of an increasingly unaffordable vehicle market, experts say. Households with ...
Q:I have noticed that interest rates are falling, and recently I learned that it might be possible for me to refinance my car loan. I didn't even know this was allowed. My present loan carries an ...
Could your debt be reduced or forgiven? Take our financial relief quiz. Filing for bankruptcy can significantly impact your car loan, depending on the type of bankruptcy file, how much equity you have ...
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