Americans continue to fall behind on auto loan payments in the face of record-high car prices and high interest rates. A recent study by VantageScore found that auto loan delinquency rates have ...
The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
8.6% of Americans with auto loans are paying $1,000 or more per month, and 40.3% of those loans were originated in 2024. High car payments are most common in Texas, Nevada, Georgia, and California.
Nearly 20% of car buyers agreed to monthly car loan payments of $1,000 or more. A record number of car buyers are taking out 84-month loans to make their monthly payments more affordable. In metro ...
Buying a new car is an exciting time, but there are plenty of big decisions to make too, especially if you’re financing the purchase. Don’t feel pressured into signing the auto loan contract before ...