Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for ...

Auto loans can be a huge expense — the average American with a new car paid $748 per month, while the owner of a used car ...

A simple interest loan doesn’t charge you additional interest on your accrued interest. In other words, the only interest you pay is on the outstanding principal balance of your loan. Auto loans and ...

Paying cash for a car used to be the smart move. Now borrowing for a car might actually save you money. Here's why.

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 ...

One of the Nation’s Largest Auto Lenders Told Customers, “We’re Here to Help.” Then It Took Their Money and Their Cars. Have you taken out a car loan and struggled to pay it back? You’re not alone.

Experts at Carleton acknowledged calculating add-on interest isn’t as prevalent as it once was with finance companies and other lenders using simple-interest calculations more often nowadays. However, ...

Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff ...

Your credit score is one of the most important factors lenders look at when deciding how much interest to charge on your auto loan. Avoid unpleasant surprises by finding out your score before you ...

You’re more likely to find rates below 5% when you have a higher credit score Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff senior personal finance editor for Buy Side ...