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Have you fallen behind on your car loan payments? Returning your car to your lender, a process known as voluntary repossession, might seem like a solution.  However, it's important to know that doing so can hurt...

When you finish paying off a car loan, you might expect your credit score to go up, right? However, sometimes your score might take a hit, and here's why that can happen.   How Paying Off a Loan Affect...

These days, more people find themselves in a tricky situation with their car loans. They owe more money on their car loans than their vehicles are worth. This is often called being "upside dow...

As we step into March 2025, a variety of financial assistance programs continue to offer support to Americans who need a little extra help. These programs can make a big difference for families with low...

Refinancing your car loan means replacing your current car loan with a new one, usually to get a lower interest rate, reduce your monthly payments, or pay off your loan faster. To get the best deal, it’s important ...

Recently, more people in the U.S. are having their car loan applications turned down. According to the Federal Reserve Bank of New York, over 15% of those who applied for auto loans in October...

The Federal Reserve recently lowered its main interest rate by 0.25 percentage points, bringing it down to a range between 3.50% and 3.75%. This is the lowest the rate has been in nearly three years. The decision sh...

When you're looking to finance a new or used car, it’s useful to know the average interest rates others are getting. This helps you understand what rate you might receive and allows you to compare different loan offers...

The U.S. Department of the Treasury and the IRS have put in place temporary new rules to help businesses and lenders adjust to recent changes about how interest on car loans should be reported. ...