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Auto loans

Federal Reserve may not hike interest rates. What that means for you

by Adrian Jhonsan
Federal Reserve may not hike interest rates. What that means for you

Credit card rates top 20% Most credit cards come with a variable rate, which has a direct connection to the Fed’s benchmark rate. After the previous rate hikes, the average credit card …

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Categories World

Trucks drive up car payment costs. Some buyers pay $1,000 a month

by Adesola Mojo
Trucks drive up car payment costs. Some buyers pay ,000 a month

A 2024 Chevrolet Silverado EV RST all-electric pickup truck on display at the International Auto Show at the Jacob Javits Convention Center in New York on April 13, 2022. China …

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Categories Automobile

Struggles Faced by Americans with Car Loans

by Adrian Jhonsan
Struggles Faced by Americans with Car Loans

There are more than 275 million cars on the road in the U.S. But in recent years, car ownership has gotten more expensive than ever — due to the Covid-19 …

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Categories World

What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

by Adrian Jhonsan
What’s Next: The Impact of Low Federal Interest Rates on the U.S. Economy

The United States is entering a new economic era as the Federal Reserve hikes its benchmark interest rate. In July 2023, the federal funds effective rate stood above 5% for …

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Categories World
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