A secured loan is a loan that is backed by collateral — something tangible the lender can take if the loan is not paid. The most common example of a secured loan is a mortgage, which is secured by the ...
The percentage of new car buyers opting for longer auto loans is increasing. The downside of lower monthly payments: ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
Forbes contributors publish independent expert analyses and insights. True Tamplin is on a mission to bring financial literacy into schools. This article explores secured and unsecured loans, ...
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 federal income tax returns.