Number of drivers seriously behind on payments reached a worrying record high last month that could indicate problems in the ...
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Car Buyers Are Starting To Miss Payments At A Record Pace
America’s most financially risky car buyers are falling behind on their loans at a speed not seen in the last thirty years.
How much are you willing to spend on a new ride? According to the car shopping site Edmunds, the amount of people paying more than $1,000 monthly for a new vehicle has reached record highs. Edmunds ...
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Your Car Payment Just Got Cheaper: New Tax Deduction Worth Up to $10,000
President Trump's new tax law allows Americans to deduct up to $10,000 in car loan interest annually. However, strict income ...
Struggling with debt is never fun. Whether it’s credit cards, auto loans or something else, those monthly payments can cause a lot of financial stress. But while many experts agree that high-interest ...
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime auto lenders, following the recent high-profile collapses of Tricolor Holdings ...
American households carry $1.66 trillion in auto loan balances collectively as of Q3 2025, according to the Federal Reserve Bank of New York (1). While there may be many different reasons that justify ...
To decrease monthly payments, car site Edmunds shares that more people are choosing seven-year loan terms. But that may not always be the best idea. How much are you willing to spend on a new ride?
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