Reeves' intervention in car loans case rejectedThe Supreme Court blocks intervention in landmark car loan case, potentially costing finance firms £30bn in compensations for commission abuses.
I owe $11k on my car - should I dump some of my stocks and pay off my debt?Selling stocks to pay off a low-interest car loan may not be the best financial decision.
The 1 Thing That Could Cause a Recession Right NowRising consumer debt and persistent inflation signal potential recession risks.
Buying a Car Stays Expensive Due to Fed DecisionCar loan rates are rising, averaging 6.3%, influenced by high prices and persistent supply chain issues.Compared to 2020, the cost of new cars has increased significantly, with average prices reaching $48,000.
The 1 Thing That Could Cause a Recession Right NowRising consumer debt and persistent inflation signal potential recession risks.
Buying a Car Stays Expensive Due to Fed DecisionCar loan rates are rising, averaging 6.3%, influenced by high prices and persistent supply chain issues.Compared to 2020, the cost of new cars has increased significantly, with average prices reaching $48,000.
'Negative equity' is on the rise - and even car dealers are concernedIncreasing numbers of car owners are upside down on their loans due to past price hikes caused by inventory shortages.The average negative equity for car owners has reached unprecedented levels, raising concerns about market affordability.
Santander UK sets aside 295m for car finance scandalSantander UK has set aside £295 million for compensating customers affected by mis-sold car loans amid a growing financial controversy.