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American’s Auto Loan Credit Scores Plummet 8 Points in Just 3 Months, And Things Are Starting To Get Slippery
Quick Read Auto lenders dropped median origination credit scores to 716 in Q4 2025 from 724 in Q3 2025, approving subprime ...
Credit unions might offer better auto loan rates than banks in addition to other benefits ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
DETROIT — This morning, Ally Financial announced it will rebrand its GMAC consumer and dealer-related auto finance operations in the U.S., Canada and Mexico with the Ally name. This follows the ...
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 ...
Over 20% of new car purchases in Q4 2025 were 84-month financing deals. Consumers are looking to lengthier auto loans to lower monthly car payments, but the combined interest costs drastically ...
The auto financing industry has come a long way from the days when securing a car loan meant sitting across a bank manager with a mountain of paperwork. Today, thanks to rapid advances in financial ...
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