A growing number of consumers are trading in cars and trucks that are worth much less than the amount of money they still owe ...

It is essential to choose your car loan wisely, as this decision can significantly impact your borrowing experience and lead ...

Carol M. Kopp edits features on a wide range of subjects for Investopedia, including investing, personal finance, retirement planning, taxes, business management, and career development.

Good credit scores are key to securing good auto loan rates. APRs are decreasing for super prime and prime borrowers but rising for all other borrowers. Consumers should keep an eye on increased ...

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.

The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61 percent, while the average used car loan interest rate was 11.74 percent. Your credit score plays a ...

However, the average loan rate for a used car was just over 12 percent in 2024, according to Experian, a data analytics and consumer credit reporting company. This adds to the expense faced by ...

A growing number of consumers are trading in cars and trucks that are worth much less than the amount of money they still owe on their auto loans — and what they owe is shattering records.