Americans with lower credit scores are falling behind on their car payments at the highest level in decades. A record 6.65 ...
U.S. subprime auto delinquencies reached 6.65% in October, according to Fitch Ratings, which has tracked the data since the ...
The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on ...
U.S. subprime auto delinquencies reached 6.65% in October, according to Fitch Ratings, which has tracked the data since the early ’90s.
Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate ...
The record number of Americans falling behind on car payments is stoking concerns that more pain is in store for subprime ...
A recent report from the Recovery Database Network (RDN), says more than 2.5 million cars were repossessed last year, and ...
For many of the riskiest borrowers, high interest rates are adding to their financial burdens. Data from Experian showed that ...
With the average price of a new car now topping $50,000, more buyers are stretching out their loan terms to lower the monthly ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
2025 tax deduction allows buyers to save on auto loan interest, making car ownership more affordable for qualifying vehicles.
Though they’re not (currently) a thing, even if car loans did go as long as 15 years, here’s why it wouldn’t be a great idea.
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