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.

Report: Car Insurance Is More Expensive for Low-Income Drivers

Report: Car Insurance Is More Expensive for Low-Income Drivers

Report: Car Insurance Is More Expensive for Low-Income Drivers

The largest auto insurers often charge higher premiums to safe drivers with low to moderate incomes than they do higher-income drivers who recently caused an accident, shows an analysis from the Consumer Federation of America released Monday. The CFA report “The High Price of Mandatory Auto Insurance for Lower Income Households” looked at income data… Read More

The Real Reason Your Car Dealer Wants to Lend You Money

The Real Reason Your Car Dealer Wants to Lend You Money

The Real Reason Your Car Dealer Wants to Lend You Money

In response to what it sees as a troubling trend of auto-lending discrimination at banks, the Consumer Financial Protection Bureau is proposing to oversee the business practices of nonbank consumer auto lenders – including automakers’ financing units — in the same manner that it does the nation’s banks. Reactions have been swift and searing. The… Read More

The 10 Cities With America’s Worst Drivers

The 10 Cities With America’s Worst Drivers

The 10 Cities With America’s Worst Drivers

Driving in cities on the East Coast doesn’t sound too appealing, based on the latest edition of the Allstate America’s Best Drivers Report. Of the 200 most populated cities in the country, 9 of the 10 places where it’s least safe to drive are located in eastern states. Three of them are in Massachusetts. The… Read More

What Credit Score Do I Need to Buy a Car?

What Credit Score Do I Need to Buy a Car?

What Credit Score Do I Need to Buy a Car?

You know it’s time to for a new vehicle, but there’s one thing holding you back: your credit. You aren’t sure what credit score you need to buy a car. If you absolutely must get another vehicle, you can probably find a way to finance it. The real question is what it will cost you. The better… Read More

7 Ways to Slash the Cost of Car Repairs

7 Ways to Slash the Cost of Car Repairs

7 Ways to Slash the Cost of Car Repairs

While you’re cruising down the highway, a tiny light comes on on your dashboard. You dismiss it because it’s only the oil change icon, and you can afford to stretch it for a few hundred miles. And then another one appears. This time, it’s the check engine icon. Panic mode instantly sets in. The last time… Read More

How to Make Sure Your New Car Isn’t a Clunker

How to Make Sure Your New Car Isn’t a Clunker

How to Make Sure Your New Car Isn’t a Clunker

Show me the Carfax. Remember when those commercials first hit the airwaves? It was only a matter of time before dealerships everywhere started touting a Carfax report with every used car. The reports promised an almost crystal ball view into the history of a vehicle. Sellers could no longer hide accidents, major repairs or faulty… Read More

3 Signs It’s Time to Buy a New Car

3 Signs It’s Time to Buy a New Car

3 Signs It’s Time to Buy a New Car

Are you holding onto an older car or truck, hoping to squeeze a few more months (or a few more thousand miles) out of it, all the while wondering whether it’s time to start shopping for a newer one? Maybe your vehicle is paid off and you aren’t anxious to have a car payment, or perhaps you… Read More

The Most & Least Expensive States for Owning a Car

The Most & Least Expensive States for Owning a Car

The Most & Least Expensive States for Owning a Car

The average Iowa driver spends about $315 a year in auto repairs and $630 annually for insurance, helping make it the cheapest state to operate a vehicle, according to a recent Bankrate report. Drivers in other states aren’t quite that lucky. Drivers in the Midwest have some of the lowest annual vehicle expenses, based on… Read More

Are You Driving a Lemon?

Are You Driving a Lemon?

Are You Driving a Lemon?

You purchase a brand-new vehicle to avoid the issues that sometimes accompany older models. With a new car, you know exactly what you’re getting into. That’s unless your new car is a lemon. It’s what the car industry calls a new vehicle riddled with problems from top to bottom, with no apparent solutions. According to Nolo,… Read More

Can You Buy a Car With a Credit Card?

Can You Buy a Car With a Credit Card?

Can You Buy a Car With a Credit Card?

Even though your credit card has a $15,000 credit limit, does it mean you should use it to buy a shiny new car? Probably not. An auto loan will almost always have a lower interest rate than a credit card. But some people who already have the cash to pay for a new car and… Read More

Show Me More

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

Sign Up Now
X

Stay Connected to your experts

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