Auto Loans

When it comes to auto loans, we want to help you make smarter financial decisions. Our experts explain the in’s & out’s of car loans, highlight the types of loans available – their advantages and disadvantages – and how to improve your chances of getting approved. We also alert you to car loan scams you should avoid, changes in rates and new auto loan features.

8 Fast Cars for Under $30K

8 Fast Cars for Under $30K

8 Fast Cars for Under $30K

Cost-conscious car-lovers may find themselves having to compromise on vehicle performance in order to buy cars within their budgets, and for someone who drives a lot or really wants to enjoy getting behind the wheel, that can be a brutal choice. Recognizing this dilemma, Cars.com organized a “Cheap Speed Challenge” to identify vehicles that cost… Read More

Is Your Car Loan Too Expensive?

Is Your Car Loan Too Expensive?

Is Your Car Loan Too Expensive?

As the U.S. economy recovers from the recession, many lenders have eased financing standards, resulting in an increase in loans available to consumers with poor credit. The earliest and strongest recovery came in the auto market, and while a bump in subprime used-car lending has triggered some murmuring of a bubble, it appears to be… Read More

10 Ways to Buy a Car for Less

10 Ways to Buy a Car for Less

10 Ways to Buy a Car for Less

After a house, a vehicle is probably the biggest purchase you’ll make. Unfortunately, while your house might appreciate – that is, gain value over time – your car will eventually turn into a nearly worthless hunk of metal, plastic and upholstery. Rather than pour oodles of cash into something whose value is going to drop like a… Read More

5 Mistakes Car Buyers Make

5 Mistakes Car Buyers Make

5 Mistakes Car Buyers Make

If you need a new set of wheels, the idea of a change (or at least reliable transportation) has undeniable appeal, but figuring out which car you want and can afford, whether to buy new or used, plus whether you’re getting the best deal, can quickly take the fun out of shopping. It’s easy to… Read More

Leasing or Buying a New Car: What’s Right for You?

Leasing or Buying a New Car: What’s Right for You?

Leasing or Buying a New Car: What’s Right for You?

If you’re looking to buy a new car, the salesperson you work with may suggest you lease the vehicle, rather than financing it with a loan. Leasing is a worthwhile consideration when you’re browsing lots full of new cars, but you want to make sure you know the differences between your choices before you commit. Here… Read More

Is Your Mechanic Overcharging You?

Is Your Mechanic Overcharging You?

Is Your Mechanic Overcharging You?

There are too many things people spend money on for any one person to always know what is or isn’t a good deal. Of course, that’s what makes the Internet so wonderful – there’s on-demand knowledge for the things we don’t deal with every day. That being said, research is time-consuming, and not all information is… Read More

Can I Really Get a 0% Car Loan?

Can I Really Get a 0% Car Loan?

Can I Really Get a 0% Car Loan?

Is 0% auto financing just a scam? That’s the question that popped in my mind recently when my mother-in-law, who is fastidious about her finances, was turned down for that rate when she bought a new car. If someone like her, who has a history of no missed payments on any of her bills and… Read More

The Surprising Reason Your Car Insurance Is Double in Some States

The Surprising Reason Your Car Insurance Is Double in Some States

The Surprising Reason Your Car Insurance Is Double in Some States

Car insurance rates are one of a few non-debt-related things impacted by your credit standing, and depending on where you live, good credit can mean huge savings when it comes to insurance. On average, there’s a 65% difference in car insurance premiums between consumers whose only difference is their credit standing, according to a recent… Read More

People Are Paying More Than Ever for Their Car Loans

People Are Paying More Than Ever for Their Car Loans

People Are Paying More Than Ever for Their Car Loans

The average monthly payment for a new car was $474 in the first quarter, the highest it’s ever been since Experian Automotive started publicly reporting the data in 2006. The average new auto loan term has also increased to a new high of 66 months. Longer loan terms lower the borrower’s monthly payments, but that… Read More

Why a Car Costs You 157 Weeks of Work

Why a Car Costs You 157 Weeks of Work

Why a Car Costs You 157 Weeks of Work

That car that’s supposed to provide you with the freedom to get you where you want to go may also be one of the many chains tying you down to a job you’d rather ditch. That’s because the average person will spend years at their job just to pay for a set of wheels. The… Read More

Show Me More

Find out where you stand.
Get your FREE personalized credit report card.

Sign Up Now
X

Stay connected to our experts

Please submit your email address to get credit & money tips & advice
from our team of 30+ experts, delivered weekly to your inbox.