New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...

For first-time car buyers, one of the most daunting parts of negotiating a good deal right now is interest rates. The average auto loan rate for someone with excellent credit is 5.25%, according to ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate ...

While a Fed rate cut is big news, consumers might only be expected to see slight relief when it comes to much borrowing.

In 2025, the landscape of car loans has shifted significantly, with average loan terms extending to seven years. This trend ...

A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...

Bajaj Finserv, Shriram Finance, and HDB Financial Services can go up to 19–28 per cent, depending on the borrower’s profile ...