However, your friend's relative and your friend, as a cosigner, may also be held legally responsible for the default. In many states the lender can still obtain a "deficiency judgment" against both ...

American households carry $1.66 trillion in auto loan balances collectively as of Q3 2025, according to the Federal Reserve Bank of New York (1). While there may be many different reasons that justify ...

Debt is often discussed in negative terms, but debt isn’t just good or bad. It falls on a spectrum, and how you manage it plays a big role in how it impacts your finances.

After years of inflation, supply shocks and new import tariffs, the average three-year-old vehicle now sells for about ...

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Saving money vs. paying off debt is one of the most common personal finance debates you’ll ever run into. It’s a question ...

Normal Yield Curve: Longer-term bonds (like the 10-year) pay more than shorter-term ones. This usually signals a healthy, ...