New car financing is available for under 4% APR for borrowers with high credit scores Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
NEW YORK — According to the S&P/Experian Consumer Credit Default Indices, the auto loan default rate dropped from 1.45 percent in April to 1.34 percent in May. Moreover, first and second mortgage ...
Between their credit card balances, mortgages, auto loans, home equity lines of credit and student debt, Americans owe a record $18.2 trillion, according to a new quarterly report on household debt ...