How much do Americans have in auto loan debt? As of the end of Q4 2021, Americans held $1.46 trillion in auto loan debt according to the New York Federal Reserve Bank’s Quarterly Report on ...
A less-than-perfect credit score can be a barrier to favorable terms on auto loans. Fortunately, even if your credit history has some blemishes (think scores below 670), you still have plenty of ...
David S. Chang, ChFC®, CLU® is an award-winning entrepreneur, keynote speaker, author, and consultant. He has over two decades of experience in the wealth management space and has been featured in ...
A car can be used as collateral for a loan even if your credit score is low. Loans secured by your auto may come with lower rates than unsecured lenders offer. Car title loans are typically ...
The average auto loan interest rate for new cars in the second quarter of 2024 was 6.84 percent, while used cars had an average rate of 12.01 percent. Your credit score plays a significant role in ...