New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...

Learn how credit scores influence car loan interest rates in 2025.

Auto loans help prospective car buyers achieve their dreams of owning a vehicle. In 2023, auto loan rates have consistently risen and are expected to see a similar trend in 2024. As interest rates ...

Some of the links in this post are from our sponsors. We provide you with accurate, reliable information. Learn more about how we make money and select our advertising partners. Your financial past ...

It could be wise to consider a different lender — or a different car. Money, Getty Images It’s a challenging time to get an auto loan if you have poor credit — but don’t lose hope of buying a car just ...

With defaults and late payments rising, auto financing is getting riskier. Learn how growing delinquency rates impact your ...

Borrowers with excellent credit are more likely to get the best interest rates and terms when refinancing an auto loan ...

A trade-in is best for a different vehicle, while refinancing might save you money.

“If you’ve got a low score but you have strong income and a good loan-to-value ratio, you can get refinanced,” Goodall said. Most lenders cap loan amounts at 125% of a car’s value. If your car is ...