The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
The so-called "20-4-10" rule uses three components to help you determine if a car purchase is affordable: the ideal down payment, the maximum recommended auto loan term and the share of your income ...
8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.
Paying extra on the principal won’t lower your monthly car payment, but it does provide other benefits. Many, or all, of the products featured on this page are from our advertising partners who ...
The economy keeps chugging along, but there are growing signs of trouble. Hiring is slowing down, tariffs are starting to have an impact, and the Consumer Price Index is up. The latest troubling ...
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