The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
Trump's tariffs will hit car buyers when they're already squeezed by high interest rates and high car and truck prices. Car buyers should shop and compare car loans before settling on a vehicle as one ...
The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years. David Kelleher, who ...
Fitch Trading says more borrowers with lower credit scores are slipping behind on their car payments, with 60-day delinquencies now at record highs. For many families with already tight budgets, it's ...
Melissa Dickerson never imagined she would end up with a $1,100 monthly car payment, especially for a used car. Then her son wrecked her Acura. Fortunately, he was OK. But when she went shopping for a ...
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...
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