Our latest Data Point report takes an in-depth look at the different types of auto lenders, the interest rates they charge, and the correlations between the interest rates they charge and the rates of default among their subprime borrowers
Archive for Auto loans – Page 2
This post is the fifth in a series documenting trends in consumer credit outcomes during the COVID-19 pandemic
A consumer advisory from the CFPB’s Office of Servicemember Affairs on the SCRA waiver rights and updates to lease termination notification options
This post is the second in a series documenting trends in consumer credit outcomes during the COVID-19 pandemic
New Bureau research examines consumer credit trends through April 2021, finding little increase in delinquencies on credit cards, auto loans, mortgages, and student loans during COVID-19
In this update to our May 2020 report examining the effects of the COVID-19 Pandemic on credit applications, we find that credit card inquiries were still 30 percent below their pre-pandemic levels in September, while auto loans were depressed by 20 percent
Consejos para que se mantenga al día con sus finanzas durante la pandemia del coronavirus, particularmente si no ha perdido sus ingresos o no ha tenido grandes gastos
Si temporalmente está pasando por alguna dificultad financiera que le dificulta hacer los pagos mensuales del préstamo de su coche, su prestamista podría ayudarle a recuperarse
If a temporary financial hardship has you struggling to make your monthly car payments, your auto loan lender may be able to help you while you get back on your feet
When
you buy a car, the dealer might offer you optional products or services known
as “add-ons”— which could break your budget
