Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.
Days to sell a used car off a dealer lot have remained flat, even as prices fluctuate anywhere between $5,000 and $10,000, ...
The average auto loan interest rate for new cars in the third quarter of 2024 was 6.61 percent, while the average used car loan interest rate was 11.74 percent. Your credit score plays a ...
Increased competition between lenders may help drivers get a good rate. The highest auto loan rate in 2024 was 8.58 percent for a four-year used car loan in the months of February and July.
Auto Repossession Rates Surpass Pre-Pandemic Levels as Financial Strain Hits Consumers, CFPB Reports
The CFPB reports a rise in auto repossessions in December 2022, surpassing pre-pandemic levels, and an increased use of third-party forwarders, raising costs for consumers.
CNBC Select evaluated dozens of auto loan lenders based on their rates and terms, selection of loan options, car-buying experience and other factors. Below are our picks for the best auto loan ...
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