Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...

Americans are shelling out record car payments — and now some are signing up for loans stretching nearly a decade to get a new set of wheels. The average monthly payment for a new car hit about $760 ...

Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve is expected to lower its benchmark ...

Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...

New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...

Rajeev Dhir is a writer with 10+ years of experience as a journalist with a background in broadcast, print, and digital newsrooms. Betsy began her career in international finance and it has since ...

As he continues to work hard to make the American Dream accessible to everyone, President Trump today has asked the Departments of Transportation and Commerce to make vehicle ownership for all a ...

A rumor going around online stated that President Donald Trump has proposed 15-year auto loans. While not true, a 15-year auto loan wouldn’t financially be a good idea in the long run. A wild idea ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...

AMORY – Effective Nov. 3, Amory Federal’s name changed to Amory First Savings & Loan Bank. It also transitioned from being a federally-chartered savings bank to a state-chartered savings bank.