When Edgar Rosales Jr. uses the word “home,” the second-year college student with a linebacker’s build isn’t referring to the ...
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 — ...
Nov 12 (Reuters) - The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the ...
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 ...
According to the government’s numbers, prices are climbing for many essentials like housing, food and electricity. When money is tight, payday and title loans may seem like a lifeline, but some ...
Editorial Note: Content was created in partnership with Money Research Collective. Cars.com receives a commission from the partner links contained within the content. By Kimberlee Leonard Often, ...
Editorial Note: Content was created in partnership with Money Research Collective. Cars.com receives a commission from the partner links contained within the content. By Kimberlee Leonard For most, ...
More Americans are struggling to keep up with their car payments. An October report from Vantage Score shows that auto delinquencies are up 50% since 2010. Add to that, Fitch Ratings data shows ...
A surge in subprime auto loan delinquencies, high-interest burdens and rising car ownership costs are pushing America's auto credit system toward a breaking point, with recent bankruptcies exposing ...
That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...
On the surface, the economy looks like it’s holding up. The stock market is up, unemployment remains relatively low, and consumer spending hasn’t slowed much. But if you shift your focus to the road, ...
Student-loan forbearance offered many borrowers relief - but the resumption of payments is putting an additional strain on those with car loans Since federal student-loan repayment resumed, ...