Car loans with seven-year terms are becoming more of the norm as consumers yearn for lower monthly payments.
Seven-year terms becoming more of the norm and leasing also at new high.
Experian report says customers of finance companies driving hike, while total dollar volume in auto lending at record high.
Americans lack critical knowledge about their personal finances, according to survey results released on April 1 as National Financial Literacy Month got underway.
The National Foundation for Credit Counseling survey reveals 61% of adults - the most in six years - don't budget.
Credit unions report positive results from partnering with organizations like GOBankingRates.com and MoveCU.com.
Lead generating websites have increase members and loans for many credit unions.
Between 50% and 70% of all new vehicle sales are leases. Learn how credit unions are tapping this market.
Credit unions get creative in their efforts woo car shoppers away from their direct competitors, namely dealerships.
Thirty-day auto loan delinquencies dropped from 2.72% in the fourth quarter 2012 to 2.63% in the fourth quarter of 2013.