The average monthly payment for a new car was $474 in the first quarter, the highest it’s ever been since Experian Automotive started publicly reporting the data in 2006. The average new auto loan term has also increased to a new high of 66 months. Longer loan terms lower the borrower’s monthly payments, but that… Read More
The post People Are Paying More Than Ever for Their Car Loans appeared first on Credit.com.
Teach Your Kids How to Create a Budget This Summer Teaching your kids how to create a budget is one of the most valuable skills you can impart in the years before they leave home. In a typical summer, close to…
Full Story
The post Teach Your Kids How to Create a Budget This Summer appeared first on MintLife Blog.
Hoverboards, power-lace Nikes and, now, DeLoreans. It’s like “Back to the Future” is taking over the present, and it’s practically a dream come true. (OK, so these hoverboards aren’t exactly as the film advertised, and the Chicago Cubs sadly did not win the World Series like they were supposed to, but that’s beside the point.)… Read More
The post You Can Soon Buy a DeLorean & Live Your ‘Back to the Future’ Dreams appeared first on Credit.com.
The Consumer Financial Protection Bureau has reportedly made an offer to a leading auto lender that it can’t refuse. According to a recent Wall Street Journal article, the regulatory agency is proposing a dealer incentive of sorts to Fifth Third Bank: If the lender agrees to limit the interest-rate markups that auto dealerships and brokers,… Read More
The post A Car Lending Change That Both Borrowers & Lenders Can Get Behind appeared first on Credit.com.
When we think about borrowing money, the first thing that comes to mind is how much: How much we need, how much itâll cost, how much weâll have to pay each month and how much time itâll take to get out of debt. Whether the moneyâs for a house, a car, college or for an… Read More
The post Why Auto Loans From Car Dealers Are So Hard to Regulate appeared first on Credit.com.
Looking to learn how to make $100 a day? If learning how to make $100 a day is one of your financial goals, then know that it’s a very realistic goal! There are many ways to make $100 a day, from side jobs you can work from home to different ideas for selling things online. […]
The post How To Make $100 A Day â 23 Real Ways To Make Extra Money appeared first on Making Sense Of Cents.
New car loans continue to set all kinds of records â average monthly payments are now essentially $500 â and a long-feared subprime lending bubble has yet to show signs of popping. But suddenly slumping auto sales raise plenty of questions about the overall health of the car sales market. The car loan market expansion… Read More
The post The Average New Car Loan Payment Is $499 appeared first on Credit.com.
Every day, people have to make decisions about their money. The choices they make have an impact on their financial health, so people have to be informed if they want to make the right decision. When presented with the choice to invest or pay off your debt, you need to understand how each will affect […]
The post What’s Better, Investing Your Money or Using it to Pay Off Debt Sooner? appeared first on Credit Absolute.
[UPDATE: Some offers mentioned below have expired and/or are no longer available on our site. You can view the current offers from our partners in our credit card marketplace. DISCLOSURE: Cards from our partners are mentioned below.] If youâre planning a car purchase, and even if youâre in the middle of financing your car, a… Read More
The post A Quick Guide to How Much Car You Can Really Afford appeared first on Credit.com.