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Americans are borrowing more for cars and college, but remain cautious about credit cards and riskier investments.
Consumer debt grew in the final quarter of 2012, marking the first increase in household debt in more than four years.
Renting a car for an hour or two just got easier now that Avis Budget is buying Zipcar.
Consumers are more likely to pay their auto loans before their credit cards and mortgages, according to recent research by TransUnion.
If you are a new car shopper with less-than-stellar credit, it’s getting easier to get a good car loan rate.
It’s true that the general economy is in dreadful shape, but there’s seldom been a better time to get an auto loan. The Bankrate national average for a 60-month new-car loan is but a few basis points off its all-time low, and I’ve been seeing a lot of 60-month auto loan rates of 2.75 percent
AAA has a new survey out this month illustrating the impact of the tough economic environment on car owners. The survey finds that 1 in 4 American drivers couldn’t afford to make a car repair of $2,000 if they faced one today. That finding is pretty troubling, considering how many car repairs can run that
Not all hybrid cars are created equal. Some deliver genuine benefits to the environment and consumers, while others are just pricey options that allow automakers to cash in on those five green little letters. This week the Union of Concerned Scientists unveiled its 2011 Hybrid Scorecard to help consumers tell the difference. The Scorecard rates
Last week the EPA released the next version of the gas mileage label displayed in the window of every new car. The new label will feature more detailed information on fuel costs, emissions and other factors that drivers often take into account when making car-buying decisions, including: Fuel savings or additional fuel cost over five
If you’ve been sitting on a used car for a while and have been waiting to sell, now is the time. Used-car prices may be nearing a peak, reports Tom Krishner of the Associated Press: People are holding on to cars and trucks for about a year longer than they did before the recession, which
