In California, the number of auto title loans jumped to 91,505 in 2013, the latest data available, from 64,585 in the previous year and 38,148 in the first year, 2011, that was tracked by the ...

By the third quarter of 2022, 19 percent of new-vehicle debt and 11 percent of used-vehicle loans ran seven years, according to Experian.

For the average new car loan of $40,000 at 6.5%, extending from a 5-year contract to 7 years means you'll pay nearly $3,000 in additional interest, and likely portends negative equity on this car ...

Shopping for a new car is exciting, but taking out a loan to pay for it can be overwhelming in the long run if you're not ...

The typical interest rate on a new car loan rose to 8.95% in March, up from 5.66% in March 2022, according to Cox Automotive. For used cars, the rate hit 11.3% last month, up from 7.7% the year ...

Answer by Gurpreet Singh, General Manager of Auto Loans at Credit Karma. What are some common misconceptions about applying for an auto loan? Subscribe To Newsletters ...