IRS eases reporting for lenders on 2025 auto loan interest under H.R. 1, allowing borrower statements in place of direct IRS ...
Cars, minivans, vans, SUVs, pickup trucks, or motorcycles, weighing less than 14,000 pounds qualify, according to the IRS.
The Internal Revenue Service is giving auto lenders some breathing room on new reporting rules tied to the "One Big Beautiful ...
Advantage Auto Loans considers individuals with varying credit histories, including those seeking an auto loan in light of personal financial matters, such as bankruptcy. You can apply for a car loan ...
Discover how to secure preapproval for a car loan, understand eligibility criteria and strengthen your negotiating position when shopping for a vehicle Written By Written by Staff Senior Editor, Buy ...
New tax law allows deduction of up to $10,000 in auto loan interest for U.S.-assembled vehicles Applies to new personal-use vehicles purchased from 2025–2028 Phases out for individuals earning over ...
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IRS gives details on what lenders need to do for 2025 new car loan interest tax deduction
Transitional guidance released by the IRS on Oct. 21 gives auto lenders room for avoiding penalties when it comes to ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
When you refinance a car loan, you replace your current loan with a new one, ideally with a lower interest rate, smaller monthly payment or both. The auto refinancing application process should take ...
Typically, getting a car title loan requires proof or evidence of income. It consists of valid payslips from your current job. However, only some have a conventional source of income. This is where a ...
Refinancing a car might save you money if interest rates have dropped or your credit score has improved. There is no limit on ...
More cars are finally available and prices are leveling off, but buyers now face borrowing challenges that could keep them from getting a new ride. The Federal Reserve said the rejection rate for auto ...
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