Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to reporting requirements.

A new study by VantageScore found that auto loan delinquency rates have increased more than 50% over the last 15 years.

The best rates go to those with good credit, but there are still ways to save money if your credit has room for improvementBy ...

Inflation and a tough job market are making it harder for some people to pay back the car loans they signed in better times.

Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm specialized in extending auto loans to buyers with poor credit ratings — or none at all — many of whom ...

Though taking out a seven-year auto loan might make monthly payments feel more doable, it comes with long-term costs. You'll pay more in interest overall, the car will depreciate and there's a bigger ...

America’s love affair with new cars is colliding with a financial nightmare. According to a new report from the Consumer Federation of America (CFA), total U.S. auto loan debt has ballooned to an ...

Many Americans love the feeling of driving a new car, but the price of that thrill is pushing household budgets to the edge. Auto loan delinquencies are spiraling, the nation now owes a staggering ...

Tricolor, a major subprime auto lender specializing in buyers without social security numbers or credit histories, is going out of business. The company filed for bankruptcy on Wednesday. Most ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. One of the most challenging things anyone can do is buy a ...

When your car payment outlasts who was in office when you bought it, you know we’ve entered a troubling era of automotive financing. Remember the time when a four-year car loan felt like forever? In ...

With increased sticker prices and inflated interest rates, Americans are struggling to keep up with their auto loans. The average monthly car payment has shot up nearly 30% since 2020, according to ...