Auto loan debt is the second-largest category of U.S. consumer debt, trailing mortgages. Americans owe $1.644 trillion in ...
Payments on overpriced cars aren't keeping up with what they're worth, compounding the growing debt problem Americans face.
Four years after car prices skyrocketed, more car owners are underwater on their loans.
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
Edmunds reported that Americans are trading in vehicles with record-high negative equity, leading to a never-ending mountain ...
One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' ...
The number of cases fell, but the three-month delinquency ratio rose. An estimated 39,389 cases of residential mortgage loans (RML) in negative equity were recorded as of end-December 2024, according ...
Target's recent posts on Facebook have been flooded with negative comments after the company ended its diversity, equity and ...
New data and analysis from Edmunds and Cox Automotive’s Kelley Blue Book focused on new-vehicle financing, reinforcing how ...
Experts say the trend is particularly worrisome as the cycle of rolling negative equity into new loans makes it increasingly difficult for borrowers to escape debt. Among those with negative ...
While equity markets are known for their volatility, short- and medium-term investments can still yield favourable returns ...
Warren Buffett's Berkshire Hathaway trimmed its position in Apple and established a new position in Domino's Pizza, a stock ...