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Along with more insight about how much negative equity is an industry hurdle, the latest auto finance data from Edmunds highlighted how affordability challenges triggered by stubbornly high interest ...
On June 17, the CFPB published the first report in a series that will analyze detailed information from nine major auto lenders – including banks, finance companies, and captive lenders – following ...
Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) released a report on the state of negative equity in auto lending. The CFPB says it found that financing negative equity creates ...
A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a second quarter report, 26.6% of trade-ins toward new-car purchases had ...
More Americans are underwater on car loans, owing more money than ever. Nearly a quarter of trade-ins toward new car purchases are burdened with negative equity. According to an analysis by car ...
Avg. negative equity hits $6,800. Rolling debt into a new loan for the GOP’s tax break is risky; $400 savings can’t cover ...
October Dealertrack Index shows looser auto credit with longer terms, lower down payments, and more subprime lending.
KALAMAZOO, Mich. — A growing number of car owners are finding themselves underwater on their auto loans, according to new data from car shopping experts at Edmunds, an online resource helping people ...
After looking at its third-quarter data that showed average negative equity hitting an all-time high, Edmunds acknowledged on Tuesday that the trend now is “nothing short of alarming.” Edmunds ...
Here's why some car buyers live by the 20% rule when purchasing a new vehicle and how you can use it to your advantage.
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