Car Loan

Explaining what a loan and lease are, as well as which might be better for you.

Are they a bad idea, and who qualifies for them?

The U.S. House of Representatives voted on Tuesday to reverse a measure that aimed to prevent discrimination in auto lending, the latest challenge to a consumer finance watchdog's oversight.

Cars and trucks are more expensive than ever before. In order to boost sales and help consumers afford new vehicles, automakers are offering longer and longer terms for auto loans.

Wells Fargo & Co will pay $1 billion to settle with U.S. regulators who say the bank wrongly layered insurance on hundreds of thousands of drivers and routinely hit homebuyers with excessive fees, officials said on Friday.

Edmunds reports that nearly a third of trade-ins on new car purchases in 2017 were underwater.

The one-or-two-billion dollar loan would come on top of a recent Saudi Arabian investment.

Ride-sharing options may be proliferating and the percentage of Americans obtaining drivers licenses may be declining. But for now, reports on the end of the car-ownership model are greatly exaggerated.

The latest financial research shows that auto leasing is on the rise, and buyers continue to take out longer, more expensive loans.

Volkswagen will use the $21 billion loan to help pay for the upcoming costs from its diesel emissions scandal.

Ferrari announced that it is borrowing over $2.6 billion to fill its coffers and that of its soon-to-be-former parent company, FCA, as the two separate from each other.

Volkswagen wants $21.5 billion in loans as a short-term financial buffer to get through its emissions crisis.

Honda is altering its lending policies and setting up a $24-million compensation fund after the Consumer Financial Protection Bureau charged that some of its dealers have engaged in discriminatory practices.

Tesla has received a line of credit worth up to $750 million from some of the world's top financial instutiions, including Morgan Stanley and JPMorgan Chase, to finance growth over the next five years.

Auto loans just keep reaching new records for their length and the amount financed, and there's no sign of this slowing down.

The value of outstanding auto loans reached $886 billion in 2014, which was an all-time record, according to Experian.

Auto title loans are big business in the US, but increasingly, those institutions offering them are facing accusations of predatory lending. With this type of loan, people receive money in exchange for their vehicle's title. The funds come quickly, but they can also come saddled with interest rates of over 100 percent, along with high fees. A recent report from The New York Times examines the practice to see how it is affecting low-income borrowers across the nation.