After waiting for nearly a year, the Federal Reserve has cut interest rates. Here's a look at what that means for someone ...

For the average person, the most immediate and noticeable effect is on borrowing costs. A rate cut makes it cheaper for banks ...

Auto refinance rates start below 5.00% for qualified borrowers.

For consumers, timing a purchase to get better financing is challenging, Andy Mayers joins us to share his perspective on the ...

More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...

Stream Los Angeles News for free, 24/7, wherever you are. Federal Reserve Chair Jerome Powell "is sitting on a hornet's nest of headaches — in that situation, he is going to hold tight," said Brian ...

The growing costs to buy and maintain a car – exacerbated by inflation and tariffs – are leading to rising auto loan defaults and repossessions and a potential crisis for American consumers left ...

It’s no surprise that with high car prices, many Americans are struggling to keep up with payments. Fitch Ratings reports ...

Federal Reserve Chair Jerome Powell "is sitting on a hornet's nest of headaches — in that situation, he is going to hold tight," said Brian Bethune, an economist and professor at Boston College.