In 2025, the landscape of car loans has shifted significantly, with average loan terms extending to seven years. This trend ...

Car loans have grown steadily longer in recent years, as buyers labor to keep pace with rising prices. Nowadays, a car buyer seems to have as many financing options as a homebuyer. The Trump ...

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 data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those ...

Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. In metro ...

Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates. A recent study by VantageScore found that auto loan delinquency rates have ...