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More car buyers are now taking out loans that last seven years or more when they buy a new car. This shows how car prices and borrowing costs keep going up.   How Common Are 7-Year Loans? Accor...

The Federal Reserve recently lowered its main interest rate by 0.25 percentage points, bringing it down to a range between 3.50% and 3.75%. This is the lowest the rate has been in nearly three years. The decision sh...

Deciding on the perfect moment to trade in your vehicle can often feel like trying to catch lightning in a bottle. However, with a sprinkle of insight and planning, navigating this process can not only be smooth but also rewardin...

The U.S. Department of the Treasury and the IRS have put in place temporary new rules to help businesses and lenders adjust to recent changes about how interest on car loans should be reported. ...

In a recent update, the IRS has come up with a solution for electric vehicle (EV) buyers who didn't get their tax credits. This decision comes after reports that some people missed out on these savings ...

As we navigate through 2024, the financial landscape, especially concerning savings accounts and auto loan rates, remains a topic of interest. With the Federal Reserve's recent halt on chan...

If you're considering refinancing your auto loan but worry about your credit score, there's good news.  Even with a FICO score below 630, options are available to help you secure better loan terms...

In today's market, new car buyers face the challenge of navigating rising vehicle prices and increased financing rates.  However, one area under a buyer's control is their credit score, which ca...

Selling a car when you’re still paying off its loan might seem tricky, but it’s definitely doable. Whether it makes financial sense for you depends on your personal money situation.  Here, we’ll guide you on ...