The headlines say inflation is easing and jobs remain strong, but consumers are skipping car payments. The Fed claims to be data driven. But if you’re watching behavior, not just backward-looking ...
The price of new cars and trucks in the U.S. has increased 33% since 2020, and consumers are piling on interest as they stretch out loan terms to eight, nine and nearly 10 years. David Kelleher, who ...
The share of new-car buyers who pay $1,000 or more per month for their auto loans rose to a record 20.3% of all new vehicles financed in the fourth quarter, according to new data from car website ...
The payments industry is driving forward with plans to allow consumers to seamlessly pay for gas, parking, charging and more from their vehicles. Several manufacturers have rolled out embedded ...
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