Welcome to Your New Go-To Destination for Financial Knowledge

When Kristina Meier bought her plug-in electric minivan last September, she thought claiming the $7,500 federal tax credit would be straightforward.  Despite carefully reading all the IRS docu...

When you buy a new car from China, it might lose its value quicker than cars from Korea or Japan, especially if you're in Vietnam. A study found that MG cars, a brand from China, can lose between 24% to 33% of their valu...

Sometimes, you might face tough times like losing your job or dealing with a medical crisis. It can be stressful, especially if you have a car loan to pay and fear that you might fall behind. But don't worry, some banks and lenders h...

During the COVID-19 pandemic, millions of Americans received stimulus checks from the federal government, totaling about $814 billion. These payments helped many families get through tough time...

More car buyers are now taking out loans that last seven years or more when they buy a new car. This shows how car prices and borrowing costs keep going up.   How Common Are 7-Year Loans? Accor...

Navigating auto financing can often feel like one of the most daunting parts of purchasing a vehicle. With the excitement and focus primarily on the features and condition of a n...

When you're in the market for a car and need financing, there's a term you'll often encounter: Loan-to-Value ratio, or LTV. It's essential when lenders decide on your car loan application, and here'...

Selling a car when you’re still paying off its loan might seem tricky, but it’s definitely doable. Whether it makes financial sense for you depends on your personal money situation.  Here, we’ll guide you on ...

Taking a break from your car payment might seem like a relief when times get tough, but it could end up costing you more in the long run.  Many people find themselves struggling to pay back their car loans, contributing...