Credit union auto loans work like auto loans from other lenders but often have lower interest rates and other benefits.

A debt-to-income ratio under 36% is ideal ...

The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...

Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...

There's no question that Americans love their cars. And with auto prices increasing, more of us are using some type of financing to get into the seat and out on the road. It's not just new vehicles, ...

Auto equity loans are a lower-risk borrowing option compared to car title loans, which can carry finance charges as high as 300% APR and are considered predatory. Interest rates vary by lender and ...

Buying a car has become increasingly expensive: The average loan for a new car hit a record $781 in December 2025, according to Edmunds. Used car loan payments are up to $568 a month, a $14 increase ...

TransUnion acknowledged the percentage of consumers 60 days or more past due on their auto loan climbed to a rate in the second quarter that exceeded what analysts recorded in 2009. But TransUnion ...