Welcome to Your New Go-To Destination for Financial Knowledge

If you have lost your job, dealt with a medical emergency, or faced a large unexpected expense, keeping up with car payments can be difficult. Luckily, many lenders offer auto loan hardship programs to help you...

If you bought a new car recently, you might be eligible for a significant new tax break. A recent law signed by President Trump allows for a "car loan tax deduction," which lets millions of Ameri...

State governments across the U.S. have slowed down on sending out stimulus checks or direct rebates in 2026. Much of the aid being given out now is tied to programs that started in previous years or to existing be...

Buying a car is getting more expensive for many people. According to data from Edmunds, a car website, over 20% of people who bought new cars in the last part of 2025 are now paying at l...

The IRS has introduced new proposed regulations for a temporary tax break that allows some people to deduct interest paid on car loans. This change was created under the recent law called the "One Big Beautiful Bi...

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...

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...

Americans are carrying a huge amount of debt. In the third quarter of 2025, credit card balances reached $1.23 trillion—a $67 billion increase from the previous year. Overall household debt hit a record $18.59 trillion. ...

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...