While car prices and interest rates are on a downward slope, auto loan payments are still relatively high, according to a recent Experian study of its consumer credit database. Though the value of ...

Auto debt has swelled to $1.68 trillion, a new analysis finds. Americans face costlier vehicles, higher interest rates and lengthier loan terms.

The American dream of car ownership is turning into a nightmare for millions. Subprime auto loan delinquencies have just hit their highest level in 32 years, a record that stretches all the way back ...

The number of people defaulting on auto loans has surged to the highest level in 15 years. An estimated 3 million vehicles were repossessed last year. While the increase is due in part to the rising ...

The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...

Experts typically recommend putting down 10% to 20%, but your ideal payment might differ ...

With auto financing costs climbing, car payments are increasingly comparable to paying rent—here’s what’s driving the trend. Average new car payments reached $748 monthly, with cars costing around $42 ...