Paying off debt at closing can help you qualify for a loan even if your current DTI is too high. Learn how it works and why it may be required here.

In today's time, inflation is increasing so much that we have to take loans for our favorite things. Often we take loans to ...

Good credit scores are key to securing good auto loan rates. APRs are decreasing for super prime and prime borrowers but rising for all other borrowers. Consumers should keep an eye on increased ...

In the fourth quarter of 2024, the share of auto loans among all borrowers that transitioned into serious delinquency — 90 days or more past due — rose to 3%, the highest level since 2010. “Higher car ...

COLUMBUS, Ohio (WCMH) – An auto parts company with locations across the country is closing more than 700 stores ahead of its initiative to help the business and its “restructuring plan.” ...

COLUMBUS, Ohio (WCMH) – An auto parts company with locations across the country is closing more than 700 stores ahead of its initiative to help the business and its “restructuring plan.” Advance Auto ...

Missed payments on auto loans by American car owners rose to the highest level in three decades earlier this year. The percentage of borrowers with subprime car loans who are at least 60 days ...

Please include your name, street address and daytime phone. Generally, we limit letters to 200 words. Cite sources of where you found information or the article that prompted your letter.

Paying for a car loan is becoming increasingly difficult for many Americans. Missed payments have now reached a level not seen in over three decades, as data from Fitch Ratings shows a sharp rise ...

According to the notice, more than 1,600 workers will lose their jobs as the auto parts retailer shutters its 137 remaining stores across California. Closures began in early February and will ...

Advance Auto Parts plans to close all remaining locations in California by mid-March as the automotive giant undergoes a massive restructuring plan. The store closures were announced in November ...

The New York Fed found that auto loan delinquency rates increased in 2024 across all income levels. It’s a week that felt like a lifetime for this economy. Today, we got jobs numbers from the ...