Interest rates are the price of taking out a loan. They vary from person to person and are mainly determined by your credit score and the terms of the loan you take on. Since a credit score is a big influencer of interest rate, it's a good idea to know where yours stands so you can see what the average...

You can be denied a car lease if your score is too low. A high credit score is typically required to qualify for a leased car. While leasing a car with bad credit isn’t like an auto loan, your credit score is still a big factor in determining your eligibility for a car lease from a leasing company...

Going over your miles on an auto lease could lead to paying more when you return the vehicle. Sometimes a lot more. Leasing means that you only pay for the portion of the vehicle you use, but there are strict requirements that go along with leasing, like mileage limits. Lease mileage overage forgiveness,...

A credit score is a cumulative number that quantifies the information in your credit reports into a single three-digit number, typically ranging from 300 to 850. It tells lenders, at a glance, how well you take care of your finances and manage debt, and it's important to know what a credit score is if...

Recovery companies are pretty skilled at their craft of locating and towing vehicles away, and they’re used to overcoming the lengths that people take to avoid them. If you do manage to successfully hide your vehicle from the repo man, that doesn’t mean you’ve beaten the lender, and that’s the...

Buying a car after bankruptcy typically means working with a subprime lender due to the drop in credit score that comes as a consequence. Usually, filing for bankruptcy drops your credit score by as much as 100 to 200 points. The higher your score is when you file, the more points you're likely to lose...

Tariffs – a tax on goods and services – have an impact on any good or material that is produced outside of the United States, including cars and car parts. Currently, car tariffs are impacting the price American consumers are paying for a vehicle in many ways. Not only does it impact the cost of...

The idea of leasing a vehicle is an enticing option for many car shoppers. Driving a brand-new car off the lot every few years with flexible, affordable payment options makes it even more so, especially in an already high-priced car, truck, and SUV market. Leasing can make sense as a short-term plan...

Not many people have enough cash on hand to walk into a dealership and purchase a car outright. For this reason, car loans exist to help those who need to finance a vehicle. Auto loans can come from many sources, like banks, credit unions, dealerships, or online lenders. When you take on a loan, someone...

Several factors impact how much car you can afford. It starts with your situation, your budget, and your vehicle needs. However, the transaction price for a new vehicle has been steadily on the rise, making new cars harder to afford. In September 2025, the average transaction price (ATP) for a new vehicle...