Record-high car prices coupled with high interest rates are leading to huge monthly car payments for many Americans.
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Car Loan Stretching is Now the Norm: Nearly Half of US Borrowers Go Past 6 Years
A new LendingTree study reveals a stark shift in American auto buying: nearly half of all car loans now stretch beyond six years. As prices and interest rates climb, borrowers are opting for 7- and ...
In the fourth quarter of 2025, 20.3% of new‑car shoppers agreed to monthly payments topping $1,000 — the highest share ever recorded.
Edmunds data shows new-car loan rates have been falling, but higher vehicle prices are pushing monthly payments higher.
Car loans are getting longer as prices and interest rates rise. Lower monthly payments may look appealing, but longer terms ...
Fitch Trading says more borrowers with lower credit scores are slipping behind on their car payments, with 60-day delinquencies now at record highs. For many families with already tight budgets, it's ...
New data shows a growing number of drivers now paying $1,000 or more each month on auto loans, adding financial strain in a ...
Another financial quarter of American car loan data is in the books, and Edmunds has published its latest analysis on what the average loans look like for new and used vehicles. Perhaps unsurprisingly ...
Unfortunately, the auto market has evolved to a point where this strategy could actually backfire and cost you thousands more ...
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