HOUSTON — With the average price of a new vehicle hitting $48,000 in 2025, more car buyers are turning to longer-term loans, but financial experts warn it could cost them more in the long run.
Personal loans can be a useful financial tool, but their value depends on your specific needs and circumstances. So are personal loans worth it? It’s important for you to understand the pros and cons ...
Regardless of whether you've nervously scrolled through endless listings on dealer websites or wasted hours of your life configuring your dream cars online, it hurts to know that new cars are ...
Trends in automotive lending are moving in two different directions. According to new research from Edmunds, both long 84-month loans and short 48-month loans for new cars are on the rise as the ...
Achieve reports that unsecured personal loans, based on creditworthiness, can offer lower rates than credit cards, aiding ...
Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. Some dealers ...
More car-buyers used seven-year loans to finance new vehicles in the first quarter as they continued to struggle with affordability, according to a recently released report. Edmunds said last week ...
For many Americans, the decision to buy a new car has turned into a difficult trade-off: accept higher monthly payments or lock into loans that last nearly as long as a mortgage. With prices ...
As the price of{}vehicles{}pushes upward and household income stagnates, it's not all that surprising that new-car shoppers are increasingly looking not to traditional 60-month loans, or 72-month ones ...
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