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

More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Auto loans with terms of seven years or longer made up 22% of all new vehicle ...

President Donald Trump’s idea to introduce a 50-year mortgage rate is being picked apart by housing and economics experts, who have expressed skepticism over how impactful such a move would be in ...

See how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans. By Tara Siegel Bernard The Federal Reserve is expected to cut its key interest ...

IRS says lenders can offer an online portal to buyers for spotting total amount of interest paid on new car loans in 2025. Borrowers who took out a car loan in 2025 will need to file a new Schedule ...

Transition relief provided by the IRS on Tuesday in Notice 2025-57 makes it easier for certain lenders to report car loan interest for vehicles that meet standards set in the new tax law and also ...

Less than 10%. That's what a $30,000 home equity loan would be equivalent to now, when borrowed from the average homeowner's equity level. With the median amount there around $313,000 currently, a ...

We may receive commissions from some links to products on this page. Promotions are subject to availability and retailer terms. Borrowers will need to be strategic in their approach, and that begins ...

Reading loan calculator results is important for making smart money choices. Whether you’re looking at a $500 loan or checking out bad credit loan options, knowing what these numbers mean can help you ...

APPLIED FOR A LOAN WORTH THOUSANDS OF DOLLARS. OBVIOUSLY, YOU DON’T WANT TO BE OUT THE MONEY, SO YOU MIGHT BE TEMPTED TO RESPOND WELL BEFORE YOU RETURN THE CALL. CONSUMER INVESTIGATOR BRIAN ROCHE IS ...