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navigate the intricate landscape of auto loans.

Auto Loan Rate Forecast for 2025

  Lower Rates Ahead for Those with Good Credit Greg McBride from Bankrate predicts that auto loan rates may become more favorable due to increased competition among banks, particularly benefiting borrowers with strong credit scores. ...

How New Tariffs Are Changing Things for People Wanting to Buy Cars

The car industry is facing more changes as it deals with new tariffs (which are special taxes on goods brought into a country) and adjustments to how the government helps people afford vehicles. If you...

A Quick Guide to Understanding Popular Auto Loan Relief Options

The pandemic has wrought significant economic upheaval, compelling lenders to revisit their policies and extend support to borrowers struggling with financial obligations, including auto loans. In this dyn...

The Unseen Expense of Buying a New Chinese Car

When you buy a new car from China, it might lose its value quicker than cars from Korea or Japan, especially if you're in Vietnam. A study found that MG cars, a brand from China, can lose between 24% to 33% of their valu...

Proposed Car Loan Interest Tax Deduction Could Benefit Many

In an effort to boost the sale of vehicles made in the USA, a new GOP tax proposal could allow car buyers to deduct up to $10,000 of interest paid on their car loans from their taxes. President Donald Trump anno...

Navigating Auto Loan Relief During Economic Hardship

During periods of economic hardship, individuals may struggle to keep up with auto loan payments. The good news is that there are options available to navigate this difficult situation. Auto loan relief programs allow ...

Record Number of Car Owners Face 'Upside Down' Loans as Vehicle Values Plummet

These days, more people find themselves in a tricky situation with their car loans. They owe more money on their car loans than their vehicles are worth. This is often called being "upside dow...

Understanding the Surge in Auto Insurance Costs: Unraveling the Perfect Storm

In a year that saw car prices normalize after a pandemic-induced frenzy, another financial storm has hit American drivers - the soaring cost of auto insurance. Recent data reveals an unprecedented...

What Is a Car Loan Hardship Program?

Sometimes, you might face tough times like losing your job or dealing with a medical crisis. It can be stressful, especially if you have a car loan to pay and fear that you might fall behind. But don't worry, some banks and lenders h...