More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...
Consumers are putting down less money on their new rides, but there are other ways to make up for what a down payment might have been.
When financing a new or used vehicle, making a down payment is a wise move. Putting money toward your loan up front helps build equity more quickly and results in less interest and lower payments.
Imagine Kendra, who made a down payment on a car after budgeting for the loan payments, signed the agreement to purchase with ...
Making a sizable down payment on your vehicle can decrease the amount you need to borrow, your monthly payment and help you secure a better rate. It’s wise to aim for a down payment of at least 10 ...
New and used car loan data for the third quarter of 2025 are out, and they highlight the ongoing affordability problem in the American car market.
Imagine Kendra, who made a down payment on a car after budgeting for the loan payments, signed the agreement to purchase with dealership financing and then lost her job the next day. She just wants to ...
Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to ...
The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns More automobile owners are falling behind on their payments, and a new report ...
The average American's ability to afford a new car has never been more challenging and more complicated to address than it is right now. That's because the problem is more nuanced than mere sticker ...
Learn how credit scores influence car loan interest rates in 2025 and discover tips to secure the best financing for your next vehicle purchase Staff Personal Finance Editor, Buy Side Valerie Morris ...
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