The percentage of new car buyers opting for longer auto loans is increasing. The downside of lower monthly payments: ...
Key Takeaways More than one in five car loans now run seven years or longer.Longer loan terms may reduce monthly payments, but they also increase the total cost and the risk.If you can’t pay off your ...
Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...
Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff ...
Navigate the car loan refinancing process to potentially lower your interest rate and monthly payments Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal ...
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