Tag: auto loans
Financing a vehicle is often the second biggest financial investment that most Americans carry after a home mortgage. Auto loans aren’t typically a source of financial distress, but the burden they add when it comes to total debt can tip a tight budget over the threshold into financial distress. Here’s what you need to know to keep car loans from busting your budget.
Apr 17, 2017 | Meghan Alard
A study predicts deception in auto loans may lead to increased default rates this year. Is your car loan hiding auto loan fraud committed by the dealer?
Feb 20, 2017 | Meghan Alard
A new report shows an increase in the number of delinquent auto loans and credit cards. We explain what delinquent debt is and how you can overcome it.
Credit Cards, Debt Relief
Dec 16, 2016 | Meghan Alard
A record number of car buyers are coming to the lot with upside down auto trade-ins, meaning they actually owe money on the old vehicle when they upgrade.
Mar 04, 2016 | Meghan Alard
A study finds that while average debt levels are rising in all categories from credit cards to student loans, many Americans are living entirely debt free.
Debt Advice, Debt Relief
Nov 19, 2015 | Meghan Alard
Total U.S. auto loan debt hits a post-recession high. We help car buyers maintain budget control with tips for managing debt and transportation costs.
Aug 24, 2015 | Michael Koretzky
Mortgage delinquencies are at 10-year lows despite concerns that HELOC maturity could hurt borrowers, but non-mortgage debt reaches historic highs.
Aug 17, 2015 | Michael Koretzky
Americans love to shop, except when it comes to cars. Consolidated Credit helps you take the hassle out of the car buying and loan approval process.
Dec 29, 2014 | April Lewis-Parks
Economists say the markets will boom in 2015. Are your finances ready for it? And do you have a plan for paying off new debt you may take on next year?