Auto loan delinquencies are at a 14-year-high, due to struggles among Subprime Borrowers with credit scores below 620. Check ...

The used car market has witnessed significant growth in recent years, driven by factors like increasing affordability, ...

Carvana shares soared with rebounding used car sales and renewed credit, projecting 65% upside by 2025. See why we believe ...

Many banks have revised its loan rates after the Reserve Bank of India's (RBI) recent cut in the repo rate by 25 basis points ...

The personal finance guru and radio host said average workers shouldn’t be splurging on “toy” cars—unless they’re ...

In the evolving landscape of used car financing, understanding the Loan-to-Value (LTV) ratio is crucial for potential buyers.

Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal ...

Typically, EBLR is employed for floating rate loans catered towards retail customers and MSMEs. Common examples of loans linked to EBLR include home, personal, and auto loans. Repo-Linked Lending ...

Last week, HDFC Bank hiked its MCLR despite the RBI rate cut. SBI's auto loans are also linked to the one-year marginal cost of funds-based lending rate (MCLR), currently at 9%, and are likely to ...

MUMBAI: The nation’s largest lender State Bank of India (SBI) has joined its peers in reducing interest rates on new retail and business loans tied to external ...

The New York Fed report zeroed in on issues with lending for automobiles. There, issues with rising prices and high borrowing ...

Americans' credit card debt set a new record of $1.2 trillion in the last quarter of 2024, while overall household debt reached a new high of about $18 trillion, the New York Fed found.