A simple-interest car loan is a common way to borrow money to buy a car. What’s great about simple-interest auto loans is that you can save money with this loan structure when you’re buying a vehicle.

Discover how simple interest benefits borrowers in car loans and consumer purchases, and learn why it might not be ideal for ...

The law does not automatically provide a tax break for interest on every car loan. Only new car buyers who meet these ...

Drivers are looking at a long list of rules if they're hoping to claim a new tax deduction for car loan interest on 2025 federal income tax returns.

One of the Nation’s Largest Auto Lenders Told Customers, “We’re Here to Help.” Then It Took Their Money and Their Cars. Have you taken out a car loan and struggled to pay it back? You’re not alone.

Paying extra on the principal won’t lower your monthly car payment, but it does provide other benefits. Many, or all, of the products featured on this page are from our advertising partners who ...