Moneywise - Auto Loans

Latest Articles

• Car Repossessions Went Up 43% Over Two Years as High Prices Squeeze Americans. Here’s What to Do if You’re at Risk

  By Emma Caplan-Fisher| 02.04.2026
• Ramsey Blows up Over $80K Debt Cosigned by Grandma

  By Rebecca Payne| 01.30.2026
• The Hack That Can Save Retirees Thousands On Cars

  By Vishesh Raisinghani| 01.27.2026
• America’s Auto Loan Crisis Is Worsening in 2026

  By Vishesh Raisinghani| 01.19.2026
• My Car Dealer Offered Me a Big Discount if I Financed Instead of Paying Cash. Can I Take the Deal and Pay It off Anyway?

  By Danielle Antosz| 01.16.2026
• With Car Prices Going Up, Buyers Are Entering Into 100-Month Loans To Keep Monthly Payments Down. But Is It Wise To Pay Off a Loan Over 8 Years?

  By Chris Clark| 01.11.2026
• 1 in 4 New Car Trade-Ins Are Now ‘Underwater’ — a 4-Year High as More Owners Drag Major Debt Into New Buys. Here’s How To Avoid Drowning in Auto Loans

  By Danielle Antosz| 10.10.2025
• A Major Subprime Auto Lender Suddenly Collapsed — Raising Concerns About This Multi-Billion Dollar Market. Here’s How It Could Impact Borrowers

  By Rebecca Holland| 10.03.2025
• After 8 Years of Payments, Ohio Woman Still Owes $17K on Her Car — More Than It’s Even Worth. Why Dave Ramsey Says It May Be Time for Legal Action

  By Danielle Antosz| 08.24.2025
• I Bought a Used Car With 6% Interest but the Dealership Claims the Bank Is Concerned About My Co-Signer and Bumped It to Almost 8%. Am I Getting Scammed?

  By Chris Clark| 07.25.2025
• This Single Mom Says She Was Left on the Hook for $50,000 on 2 Auto Loans After She Thought She’d Refinanced With a New Jersey Dealership — and Now the Dealership Is Being Investigated

  By Maurie Backman| 07.03.2025
• ‘I’m Still Numb’: New York Man Nearly Lost Lamborghini and $200,000 in Exotic Car Dealer’s ‘Upgrade’ Scheme — Here’s How He Helped Foil the Scammer

  By Monique Danao| 07.02.2025
• ‘That Is a Bath Right There’: This Atlanta Dad Splurged on a $60K Car — Now It’s Only Worth $30K but He Still Owes $57K. Here’s How the Ramsey Show Hosts Suggest He Get Clean Again

  By Monique Danao| 06.10.2025
• I’m 38 With Bad Credit and Had Financed a Car for $15,000 at an Eye-Watering 14.89% APR — but I Just Got a Call Saying the Loan Went Through Incorrectly and My Rate Is Now 15%. What Do I Do?

  By Maurie Backman| 06.06.2025
• My car was repossessed after 6 months of missed payments with $20,000 still owing and I want to know if I responsible for that balance

  By Christy Bieber| 04.15.2025
• Is It Smart to Use Most of Your Work Bonus to Pay Off Your Debt? Here Are the Pros and Cons of Repaying Loans Using a Windfall

  By Sarah Li-Cain, AFC| 03.27.2025
• Vehicle financing is ‘a scam,’ according to this TikToker, who is apparently paying a 29% APR.

  By William Koblensky Varela| 12.20.2024
• The average car price in America is $50,000 — just $9,000 shy of the national annual salary. So why can’t US automakers make cheaper cars?

  By Chris Clark| 11.19.2024
• I’m 31, Make $97,000 a Year and Am Completely Debt-Free While Living With My Parents — But I Can’t Get Approved for a Car Loan. How Is That Fair?

  By Christy Bieber| 10.23.2024
• ‘Deal with the Devil’: Texas man buys BMW for $590 per month for 325 months at a 67% APR

  By William Koblensky Varela| 10.09.2024
• ‘The 4-square method’: Here’s how American car dealers make big profits off you — and how not to get fooled when buying your vehicle

  By Christy Bieber| 09.19.2024
• Car Repossessions Are up 23% in 2024 Amid Elevated Interest Rates — How to Stay on the Road if You’re Struggling to Pay Your Auto Loan

  By Chris Clark| 08.01.2024
• This 26-Year-Old Houston Woman Has a $21,000 Auto Loan at 29% for a Car That Now May Only Be Worth $8,700. Caleb Hammer Is Stunned

  By Vishesh Raisinghani| 06.07.2024
• Florida Woman Says Husband’s ‘Horrible’ Decision to Buy an EV They Couldn’t Afford Has Them Upside Down Over $20,000 on the Auto Loan. Dave Ramsey Replies

  By Vishesh Raisinghani| 05.02.2024
• ‘Blows my mind’: North Carolina woman has made over $50K in payments for her Tahoe — and barely made a dent in the $84K loan.

  By Sabina Wex| 04.05.2024
• Oklahoma Man and His Wife Are ‘Upside Down’ on 4 Vehicles That Cost Them $2,500 a Month — And Now He Has No Job. Dave Ramsey Gave Him 3 Choices

  By Vishesh Raisinghani| 01.06.2024
• This young Texas man took out 2 mega car loans with interest rates of 13% and 25% — and now he’s stuck. Here’s how to avoid being stranded by debt

  By Bethan Moorcraft| 11.03.2023
• Nearly 30% Of Americans Have Gone Into Debt To Pay for Vehicle Repairs Since 2021, Study Finds — 3 Ways To Enjoy Your Ride Without Wrecking Your Finances

  By Bethan Moorcraft| 07.05.2023
• More Americans Are Grappling with Record-Breaking $1,000 Car Payments

  By Amy Legate-Wolfe| 05.23.2023
• Record Number of Americans Grappling With $1,000 Car Payments and Falling Behind

  By Bethan Moorcraft| 03.31.2023
• Auto Lender American Car Center Just Went Bust as More Struggle With Car Payments

  By Amy Legate-Wolfe| 03.21.2023
• What Is a Good Credit Score to Buy a Car?

  By Mitchell Glass| 02.15.2023
• 10 Car Buying Tips When You Have a Budget

  By Shane Murphy| 12.07.2022
• Why an 84-Month Auto Loan Isn't the Best Idea for Your Finances

  By Shane Murphy| 04.22.2022
• What’s the Best Way to Buy a Car During COVID: Cash, Lease or Finance?

  By Sigrid Forberg| 04.13.2021
• Thanks to the Fed, Auto Loan Rates Are the Lowest in Years

  By Doug Whiteman| 07.23.2020
• Find a Better Deal on Your Car Loan in Minutes

  By Shane Murphy| 02.26.2020