New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...
A good auto loan rate depends on your circumstances and the vehicle. In December 2025, the average new car loan rate was 6.90 ...
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Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...
It could be wise to consider a different lender — or a different car. Money, Getty Images It’s a challenging time to get an auto loan if you have poor credit — but don’t lose hope of buying a car just ...
Borrowers with favorable credit scores — 670 or higher — generally qualify for auto loans with the most attractive terms. If your credit score is on the lower end, review your credit report and create ...
“If you’ve got a low score but you have strong income and a good loan-to-value ratio, you can get refinanced,” Goodall said. Most lenders cap loan amounts at 125% of a car’s value. If your car is ...
Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...
With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...
Vehicles for business use can be a valuable asset for small businesses, but building a fleet can be costly. For companies that need vehicles to do business, business auto loans can make acquiring new ...
You may want to know how to refinance a car to give you some breathing space on your monthly payments, but is it the right ...