Subprime auto loan delinquencies hit record highs as lower-income Americans struggle with rising car costs and tighter ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
For weeks, investors have focused on Jefferies Financial Group, an investment bank that has at least $45 million worth of exposure to First Brands, an auto-parts supplier that filed for bankruptcy ...
“There's going to be a higher payment on those loans, in part due to the higher balance, but also because rates are higher now,” she said — over 7% percent for new cars and 11% or more for used ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
A new report by the Consumer Federation of America to Congress calls on lawmakers and regulators to protect car buyers, saying a crisis is at hand.
The bankruptcies of automotive-related companies First Brands and Tricolor, along with potential losses at banks and ...
Fraud losses in auto loans were 21 times higher than those involving credit cards, according to a new analysis from TransUnion.
A record number of Americans are falling behind on their painfully high auto loan payments, and it's a strong sign that lower-income buyers are struggling mightily to afford the vehicles they've ...
Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has ...
The right time to refinance depends on your financial situation.