Subaru driver paying 28% interest calls his car loan ‘highway robbery’
He signed the paperwork, though...
car loan
The average used car loan rate is now double most new car loans…and neither is affordable
As of Q2 2024, the average used car loan rate is a smarting 12.01%.
Car loan deferments can lead to a harrowing ‘balloon payment’
Understand loans terms before agreeing to any modifications.
Dodge Charger Scat Pack buyer pays $10K over retail…now he’s stuck with underwater payments
And it's not even a Widebody...
Driver gets financing on a 2023 Toyota Highlander by borrowing on a new credit card without knowing the car’s price: ‘I didn’t really know about stuff like that…’
He’s now paying over $600 a month just to insure the SUV.
2022 GMC Sierra owner is $30K underwater on his car loan and wants out…so dealer suggests just renting it on Turo
The driver still owes twice the truck’s trade-in value.
New car owner ‘trapped’ paying $3,300 a month confirms he’s already $90K underwater after only 11,000 miles
The driver "can't fathom" how a bank would allow this much negative equity on a car loan.
Based on Your Credit Score, Here’s What Car Loan Interest Rate to Expect
Check this chart to see where your APR might fall.
Auto Loan Delinquency Is More Dangerous in These States
Auto loan delinquency is growing in most states. Defaulting on your auto loan could lead to repossession and bad credit.
What Happens When You Miss a Car Payment?
There are set stages for missed car payments. Learn what they are inside.
Why Dave Ramsey Hates Car Payments Even if You’re Loaded
The financial guru doesn’t like car loans pretty much “no matter what.”
Nightmare Trade-In Leaves New Car Buyer Juggling Multiple Payments
A woman in Georgia traded in two cars for a new Jeep - and unexpectedly had to keep paying all three car notes.
Struggling With High Car Payments? These 5 Solutions Can Ease the Financial Burden
Are you paying too much for your monthly car loan? If so, check out these five solutions that can help your situation.
Financing Your Used Car Purchase: Can You Use a Personal Loan?
An auto loan is the typical way to finance a used car. But can you use a personal loan instead?
You Can Still Get 0% Car Loans: These Are the 2023 Models That Have It
The days of 0% car loans are not dead. We have all of the 0 APR financing deals on new 2023 models in October, that should continue into November.
What Is a Balloon Auto Loan?
You may have heard of a balloon loan when purchasing a house, but did you know there are balloon loans for cars too?
Best Tips for What to Do Before Your Car Is Repossessed
You don't want to get into a situation where your car might be repossessed. There are ramification that happen beyond the initial repossession, but there are ways not to get into your car being taken. We've got info on what to do and how to get into a subsidized loan program.
