Learn five strategies to reduce your car payment.

New car prices have reached record numbers in 2025. Average monthly car payments have also increased, but you can reduce payments using "20% rule". Auto loan interest can cost car buyers thousands of ...

Car payments can eat up a huge chunk of your monthly budget. According to Experian’s State of the Automotive Market report in late 2024, the average new car payment has ballooned to $737. Read Next: 4 ...

Most lenders don’t accept credit cards for auto loan payments, but even if your lender does, you need to think twice before using that option. If you aren’t careful, you could end up paying more than ...

Edmunds reports that a 60-month car loan is ideal, balancing payments and interest, while longer terms lead to higher costs ...

A Reddit user with just a year left on their car loan asked a simple but revealing question: “What's the longest you've owned a vehicle without a payment post-financing?” The post, shared to ...

A new study by VantageScore—a company that helps decide people's credit scores—revealed that the number of Americans falling behind on car payments has increased over 50 percent in the past 15 years.

As we talked about a few weeks ago, millions of Americans now carry more credit card debt than emergency savings. Part of that imbalance can be traced back to a simple reality: everything costs more — ...