Buying a car is a significant financial commitment, and how you choose to finance it can dramatically impact your long-term ...

This spike was inevitable. Federal student-loan borrowers had their payments (and interest) paused for almost four years, meaning millions were out of the habit of making payments. They then resumed ...

Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has ...

Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.

Hannah Alberstadt is a Buy Side staff editor specializing in loans. She is passionate about crafting informative and accessible content and has experience with topics such as loans, investing, ...

Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm specialized in extending auto loans to buyers with poor credit ratings — or none at all — many of whom ...

Auto loans remain the second-largest debt category for American consumers, behind mortgages. Now, more people are falling behind on their car payments, with total auto loan debt reaching more than ...

Tricolor Auto Holdings, a Dallas-based chain of used-car dealerships and a major subprime auto lender, has filed for Chapter 7 bankruptcy and will liquidate its assets, ending operations that once ...

America’s love affair with new cars is colliding with a financial nightmare. According to a new report from the Consumer Federation of America (CFA), total U.S. auto loan debt has ballooned to an ...

Many Americans love the feeling of driving a new car, but the price of that thrill is pushing household budgets to the edge. Auto loan delinquencies are spiraling, the nation now owes a staggering ...

The bankruptcy of Tricolor, a car finance lender based in Texas, has gripped the asset-backed securities market this week, threatening losses to three banks that backed it. The collapse will test the ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. Subprime auto loan deliquencies have hit an all-time high ...