The higher losses in auto loans are largely because those tend to be bigger than other unsecured personal loans or credit ...
Auto lenders are increasingly running up against unscrupulous borrowers and others who use goosed up credit scores, as well as fake identities, to take out car loans that many have absolutely no ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Learn how credit scores influence car loan interest rates in 2025 and discover tips to secure the best financing for your next vehicle purchase Written By Written by Staff Senior Editor, Buy Side ...
Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most ...
8.6% of U.S. auto loan holders now pay $1,000 or more per month on at least one vehicle loan. 40.3% of these costly loans were originated just last year — in 2024. Texas leads the nation, with nearly ...
That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...
It was once nearly unheard of, but now, the seven-year car loan is pretty much par for the course for one simple reason: it's the only way most normal folks can afford to own new cars. Average car ...
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