Auto Finance

Image Source: Dreamstime.com Car loans are a vital financial tool that enables individuals to purchase vehicles without needing to pay the full price upfront. These loans are agreements between a borrower and a lender where the lender provides the funds to buy a car, and the borrower agrees to repay this amount plus interest over […]

The most important financial decisions you’ll make is getting an auto loan with bad credit. Deep subprime borrowers pay interest rates of 14.78% for new cars and 21.55% for used vehicles, according to Experian’s recent data. A $30,000 new-car loan over 60 months could cost borrowers with the lowest credit scores an extra $9,000 compared

Americans are struggling with car payments more than ever before. Monthly car payments now range between $500 and $750. The financial strain has become so severe that 58 percent of drivers must cut other expenses just to keep their vehicles. Your struggle with car payments puts you in the same boat as millions of others.