Whether you finance or lease, you may have the option of a “balloon payment” at the end of the term. A balloon payment on a car is a large payment due at the end of the loan or lease term. Try This: 4 ...
Car loans are one of the most common types of debt among consumers in 21st-century America. While auto loans are not as common as credit cards, the majority of Americans (62%) have an auto loan in ...
Experts are seeing auto financing “trending back toward pre-pandemic norms” based data contained in TransUnion’s Q3 2025 Credit Industry Insights Report (CIIR). TransUnion reported on Monday that ...
Refinancing can help you get a lower monthly payment or a reduced interest rate Written By Written by Staff Loans Editor, WSJ | Buy Side Hannah Alberstadt is a Buy Side staff editor specializing in ...
Auto refinance rates start below 4% for qualified borrowers Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side. Edited By ...
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 — ...