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.

Toyota Motor Credit Settles With U.S. Over Discrimination Allegations

Toyota Motor Credit Settles With U.S. Over Discrimination Allegations

Toyota Motor Credit Settles With U.S. Over Discrimination Allegations

Toyota Motor Credit is the latest auto lender to settle allegations from federal authorities that its policies led to discrimination among minorities who borrowed through dealers when buying cars. The firm will pay up to $21.9 million in restitution to consumers, according to a settlement order made public Tuesday by the Consumer Financial Protection Bureau... Read More

Some White Borrowers May Get Refunds in a Racial Discrimination Settlement. Here’s Why.

Some White Borrowers May Get Refunds in a Racial Discrimination Settlement. Here’s Why.

Some White Borrowers May Get Refunds in a Racial Discrimination Settlement. Here’s Why.

Even under normal circumstances, racial discrimination can be hard to spot. Identifying discrimination in car purchases and loans is particularly challenging, however – auto dealers don’t have to log the ethnicity of borrowers, and car loan terms are often bargained as part of a complex transaction.  Still, the Consumer Financial Protection Bureau promised to be... Read More

Why Your Car Insurance Rates Could Go Up This Year

Why Your Car Insurance Rates Could Go Up This Year

Why Your Car Insurance Rates Could Go Up This Year

Lower gas prices equals more road traffic equals more car crashes equals more insurance claims equals higher premiums. That’s the not-so-short story of why your car insurance rates could go up this year, but let’s break it down. Gas prices in 2015 were substantially lower than prices throughout both 2014 and 2013, according to AAA, and... Read More

5 Questions All First-Time Car Buyers Should Ask

5 Questions All First-Time Car Buyers Should Ask

5 Questions All First-Time Car Buyers Should Ask

With auto sales estimated to exceed 17 million in 2015, per the National Automobile Dealers Association and other analysts, you could say it was another good year for car dealers. Now we’re entering a phase where a lot of pent-up demand has been met, so 2016 could turn the tides in buyers’ favor, said Matt DeLorenzo, managing editor for Kelley... Read More

10 Cars With the Best Brand Loyalty

10 Cars With the Best Brand Loyalty

10 Cars With the Best Brand Loyalty

At publishing time, the GMC BuyPower Card is offered through Credit.com product pages, and Credit.com is compensated if our users apply and ultimately sign up for this card. However, this relationship does not result in any preferential editorial treatment. Note: It’s important to remember that interest rates, fees and terms for credit cards, loans and other... Read More

7 Tips for Buying a Car on Craigslist

7 Tips for Buying a Car on Craigslist

7 Tips for Buying a Car on Craigslist

Like eBay, Craigslist has become a fairly common place to buy and sell vehicles. But you can never be too safe online, especially when there’s real money at stake, plus ownership of the vehicle. Not only are there risks for getting stuck with a lemon, if you aren’t too careful you could wind up with a stolen car.... Read More

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Certain credit cards and other financial products mentioned in this and other articles on Credit.com News & Advice may also be offered through Credit.com product pages, and Credit.com will be compensated if our users apply for and ultimately sign up for any of these cards or products. However, this relationship does not result in any preferential editorial treatment.