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Getting a co-signer is one of the best ways to get an auto loan when you're unemployed. The co-signer agrees to take over your loan payments if you default on the loan.
The combination of higher interest rates and higher car prices, along with the biggest average loans ever taken out to buy them, lifted the average monthly car payment to $742 in October.
Getting a car loan without credit history is difficult, but you have options. I'm 31, make $97,000 a year and am completely debt-free while living with my parents — but I can't get approved for ...
Car sales reached their lowest point in American history in 2021 and only made a post-pandemic rebound in 2023, as demonstrated by data from the National Automobile Dealers Association.
The latest Experian State of the Auto Finance Market report found the average term for new car loans—the number of months it takes to pay off loans on new cars—rose to 68.48 months in the ...
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Average auto loan balance grows 5.2%. Average outstanding auto loan debt balances increased by 5.2% to $23,792 from Q3 2022 to Q3 2023—less than the 7.7% increase from 2021 to 2022, but still ...
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