The Daily Overview on MSNOpinion
Car payments top $750 on average, 100-month loans show up
Monthly car payments have quietly climbed into luxury-rent territory, with typical borrowers now sending in checks that would ...
With the average new-car payment nearing $750 a month, buyers are stretching loans longer and paying more interest just to ...
This fall, the typical new car broke the $50,000 barrier; ‘We don’t have 300-dollar monthly payments any longer.’ ...
8.6% of U.S. auto loan holders now pay $1,000 or more per month on at least one vehicle loan. 40.3% of these costly loans were originated just last year — in 2024. Texas leads the nation, with nearly ...
Trump's tariffs will hit car buyers when they're already squeezed by high interest rates and high car and truck prices. Car buyers should shop and compare car loans before settling on a vehicle as one ...
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 ...
Paying off your car early can potentially save money.
Paying off your loan faster using strategies like refinancing and making extra principal payments can help you save money on interest and free up room in your budget Written By Written by Staff Loans ...
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 ...
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.
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