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

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 ...

To get the most benefit from an auto loan refinance, you’ll want to compare auto refinancing lenders and find the lowest rate possible. Many or all of the products on this page are from partners who ...

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

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