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Finance

What is the Average Car Payment in America?

The average car payment for new vehicles was $745 per month in the first quarter of 2025, up 1. 1% from Q1 2024. Meanwhile, average car payments for used and leased vehicles decreased by 0. 6% and 0. 5%, respectively, over the same period. LendingTree looked at payments, originations, term lengths, delinquencies and more to … Read more

What’s the Lowest Credit Score You Can Have?

Your credit scores show how responsible you are with money by looking at things like how well you pay back loans and how long it takes you to pay them back. A good credit score can help you access credit for both everyday expenses and major purchases. On the other hand, low credit scores can … Read more

Why You Should Avoid Credit Card Debt At All Costs

Credit card interest rates have been climbing steadily over the last decade. During that 10-year stretch, the average credit card interest rate nearly doubled, climbing from about 12. 9% in 2023 to nearly 24% today. And between the Feds rate hikes and pauses, card rates have compounded significantly over the last two years in particular. … Read more

Is 690 a Good Credit Score to Buy a Car?

Only about 266 percent of financed cars go to borrowers with credit scores of 661 or higher, but people with lower scores do have options. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take certain actions on our website or click to take … Read more

How Many Credit Scores Does a Person Usually Have?

Understanding how many credit scores you have can be confusing. Most people think they only have one credit score, but in reality, you likely have dozens or even hundreds of credit scores. This is because there are several factors that contribute to the number of credit scores you have. In this article, we’ll break down … Read more

What is Healthy Debt? A Complete Guide

Good debt is debt that you take on to achieve meaningful growth in your personal life or finances, like a mortgage or student loan. Bad debt is relatively expensive debt and debt that someone takes on for unnecessary expenses, like credit card debt. Some people consider any debt to be bad. Others take a more … Read more

How Does a Bank Bail-In Work? A Complete Guide

Most commonly used in regards to bank failures, a bailout is when a business, individual, or government provides money to a failing company. This is with the aim to prevent that business’s potential downfall. That can include bankruptcy which leads to the business defaulting on its financial obligations. Bailouts were a strong tool in the … Read more