Auto loans are a type of installment loan that split a car purchase into monthly payments over a period of years, which can make a new or used car more affordable. Auto loan terms typically run from ...

Chris Jennings is formally a writer and editor with more than seven years of experience in the personal finance and mortgage space. He enjoys simplifying complex mortgage topics for first-time ...

Recent Federal Reserve data shows that more than 4 million Americans are more than 90 days late on their car loan payments. There are many reasons someone may default on an auto loan: job loss, health ...

Getting a new ride is exciting, but be sure you know what you're getting into if you have to borrow to buy one.

Auto loan interest is the cost of borrowing money to purchase a car. The lender will look at your credit score, debt-to-income ratio and other factors to determine what interest rate it offers. To ...

Our car loan calculator estimates a monthly car payment and total loan cost based on vehicle price, interest rate and loan length. Try different calculator scenarios to determine the best auto loan ...

Calculating your monthly car loan payment before you start shopping helps you decide how much car you can afford and negotiate a better deal once you find the vehicle you want. NerdWallet’s free auto ...