Rising car prices and longer loan terms have reshaped the economics of car ownership in the United States. A recent study by ...
Auto loan delinquencies and repossessions are climbing fast, according to the Consumer Federation of America, fueled by inflated car prices, long loan terms, higher rates and weakened regulatory ...
The growing costs to buy and maintain a car – exacerbated by inflation and tariffs – are leading to rising auto loan defaults and repossessions and a potential crisis for American consumers left ...
Car payments have been climbing for years, and for many buyers, the numbers are starting to stretch household budgets. Higher ...
In October 2025, the financial world was rocked as PrimaLend Capital Partners, a leading subprime auto lender, filed for bankruptcy—becoming the third major subprime lender to collapse this year. In ...
Insight from the top: why auto-loan defaults are spiking, according to Chase’s CEO—and what it signals for consumers and the wider economy. Auto loan defaults are rising, leading to bankruptcies at ...
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 ...
"Delinquencies, defaults, and repossessions have shot up in recent years and look alarmingly similar to trends that were apparent before the Great Recession," according to a report by the CFA, which ...
Auto equity loans are a lower-risk borrowing option compared to car title loans, which can carry finance charges as high as 300% APR and are considered predatory. Interest rates vary by lender and ...
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 ...
Missed payments don’t just threaten your vehicle — they can damage your credit, pile on fees and make future borrowing more expensive. The question is how to protect yourself before a late notice ...