A car loan charge-off happens when the lender does not believe you will pay off the loan, usually after a period of no payments. Potential consequences include damage to your credit score ...

Millions of drivers are in line for automatic payouts after plans were unveiled for a mass redress scheme following the motor ...

Use your monthly budget to estimate your maximum car price with our car affordability calculator. Adjust loan term, down payment, and trade-in value to see how changes affect how much car you can ...

Then, there’s financing the vehicle, a.k.a, getting a car loan. When you have a car loan, the loan provider pays for the car up front, and you make payments to them (with interest) that spread ...

The FCA has been investigating the past use of motor finance discretionary commission arrangements (DCAs). This surrounds the ...

Car loan scandal payout fears as row drags on The FCA said that the decision could lead to dealers and motor finance providers receiving a deluge of new complaints, and it is urging people to make ...

Auto loans reached a record high of $1.66 trillion in Q4 2024, driven by rising car prices and increased auto sales. Auto loan delinquencies are at a 14-year-high, primarily due to struggles among ...

Mumbai (Maharashtra) [India], February 15: In the evolving landscape of used car financing, understanding the Loan-to-Value (LTV) ratio is crucial for potential buyers. The LTV ratio represents ...

Lloyds Banking Group has nearly tripled the amount it is setting aside to cover the car finance mis-selling ... policies - which were intended to cover loan payments if, for instance, they fell ...