Texas man Richard Thomas Finley was sentenced to 60 years in prison after his conviction in a fraud and theft scheme that ...
Forbes contributors publish independent expert analyses and insights. Andrew Leahey is an attorney and law professor that covers tax. Starting in tax year 2025, taxpayers will be able to deduct up to ...
One of the many ways wealthy people retain and grow their wealth is through the art of secured loans. Also known as collateral (or securities-based financing), it allows someone to put up some sort of ...
Soaring car prices and interest rates are making auto loan payments increasingly difficult for many Americans, especially those with bad credit. Among subprime borrowers, the delinquency rate ...
Auto loan delinquencies are soaring across the U.S. Find out why that means getting a car loan is becoming tougher for everyone. Auto loan delinquencies and tighter lending indicate economic ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...
As he continues to work hard to make the American Dream accessible to everyone, President Trump today has asked the Departments of Transportation and Commerce to make vehicle ownership for all a ...
Nov 12 (Reuters) - The share of subprime borrowers at least 60 days behind on their auto loans rose to 6.65% in October, the highest level on record, according to Fitch Ratings data going back to the ...
Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...
A rumor going around online stated that President Donald Trump has proposed 15-year auto loans. While not true, a 15-year auto loan wouldn’t financially be a good idea in the long run. A wild idea ...
According to the government’s numbers, prices are climbing for many essentials like housing, food and electricity. When money is tight, payday and title loans may seem like a lifeline, but some ...
Following President Donald Trump’s proposal for 50-year mortgage terms for homebuyers, a claim circulating on social media appears to show that he is now working to introduce 15-year car loans. The ...