In August 2025, the average new car loan rate was 7.00% APR and the average used car loan rate was 10.70% APR, according to ...

With the Fed weighing an interest rate cut in September, refinancing your auto loan could be a tempting option. But is it the right move for you? Ask yourself these four questions before you decide.

The process of refinancing is similar to the process of getting an auto loan. You must prove to the new lender that you are creditworthy and will be able to repay the debt. The new lender might also ...

A few years later, after experiencing layoffs, addiction issues, and mounting medical bills, Mike’s finances collapsed. He ...

Learn how credit scores influence car loan interest rates in 2025 and discover tips to secure the best financing for your next vehicle purchase Staff Personal Finance Editor, Buy Side Valerie Morris ...

There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...

A few years later, after experiencing layoffs, addiction issues, and mounting medical bills, Mike’s finances collapsed. He ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Find my match Could your debt be reduced or forgiven? Take our financial relief quiz. A debt management plan (DMP) can help you ...

The Consumer Financial Protection Bureau suggests that lenders may be overzealous in repossessing cars. By Ann Carrns More automobile owners are falling behind on their payments, and a new report ...

Update, Feb. 20, 2025: This article has been updated with additional information from borrowers who reached out after publication. On this page, you can find out how much a car loan deferment might ...

A new report by the Consumer Federation of America to Congress calls on lawmakers and regulators to protect car buyers, ...

Learn about the pros and cons of filing for bankruptcy on a car loan Matt Webber is an experienced personal finance writer, researcher, and editor. He has published widely on personal finance, ...