News
Auto Lenders Face Record Subprime Stress As Car Payments Hit Breaking Point
9+ hour ago (473+ words) CUToday...
i Lending Industry Insights " State of Auto/Car Loan Refinance
3+ day, 18+ hour ago (747+ words) As the economy moves through 2026, the landscape is defined by a mix of moderating but fluctuating inflation, elevated borrowing costs relative to pre-pandemic norms, and continued pressure on household budgets. In this environment, auto loan refinancing remains one of the…...
Car Owners Find Relief as Auto Refinancing Becomes a Financial Lifeline
3+ day, 15+ hour ago (364+ words) Experts agree that auto refinancing has become a critical financial strategy for consumers to manage high-interest loans and improve cash flow amid persistent inflation and economic uncertainty. "Consumers are no longer waiting for relief, they're creating it," said Chad Nordhagen,…...
Lesko Financial Focus: More Are "Underwater" on Car Loans | News
4+ day, 5+ hour ago (278+ words) Lesko Financial Focus: More Are "Underwater" on Car Loans More car owners are finding themselves underwater on their vehicle loan. Lesko Financial's Greg Lesko offers some advice. Lesko Financial Focus: More Are "Underwater" on Car Loans Read More Lesko Financial…...
Auto Loan Balances, Debt-to-Income Ratio, and Delinquencies of Subprime & Prime Auto Loans in Q1 2026. How Bad Is it?
6+ day, 23+ hour ago (810+ words) Total balances of auto loans and leases'outstanding for new and used vehicles rose by $15 billion in Q1 from Q4 and by $43 billion (+2. 6%) year-over-year, to $1. 68 trillion, according to the New York Fed's report on consumer credit, based on Equifax data. But in the…...
Subprime auto borrowers reach highest share in years as lenders loosen standards
1+ week, 11+ hour ago (26+ words) Automotive News Subprime auto borrowers reach highest share in years as lenders loosen standards...
7 Year Car Loans Are Destroying The Used Car Market
1+ week, 19+ hour ago (10+ words) ...
Some Car Loans Now Outlast A U. S. Presidential Term As Auto Debt Tops $1. 68 Trillion
1+ week, 2+ day ago (248+ words) Americans are stretching car loans to unprecedented lengths, sometimes exceeding seven years, as a way to manage monthly payments. Average payments for new vehicles have climbed to $722, according to Autoblog, and about 20 percent of buyers are now taking out 84-month…...
Stretching Your Auto Loan Past Six Years? Lending Tree Says It Could Cost You Nearly $6, 000 More - AOL
1+ week, 5+ day ago (626+ words) A growing number of Americans are stretching their auto loans beyond six years to make monthly payments feel more manageable. But according to a new study from Lending Tree, that decision is coming with a steep long-term price tag. Borrowers…...
Auto loan approval rates rise to 71%, but trail last fall's highs
1+ week, 5+ day ago (428+ words) Auto loan approval rates increased in April but remain behind last fall's rate. According to new data from Cox Automotive's Dealertrack, April ended with a 71% approval rate. What we know: April was the second straight month for approval rates to…...