A new report from the Federal Reserve Bank of New York shows that young Americans are late on paying their car loans at near record levels. In fact, loan delinquencies are at their highest rate ...

If you're a young adult whose thinking about buying a car, or a parent whose investing in a car for your child, it's important to understand how auto loans for teens work.

Young people are broke. While it may seem like an old trope at this point, there are also data to prove this. Many are so broke that they’ve fallen behind on their car payments, according to a ...

A Car Owner Warned People Against Financing Vehicles. – ‘I’m up to $10,000 and I thought I was almost done.’ ...

The Rise of 84-Month Car Loans: Why Buyers Are Trapped. ... The fact that young people are less interested in car ownership may simply be a hard pill to swallow for many enthusiasts.

Buying a car is a hellish experience. Aside from the cost (nearly $50,000 for an average new car these days!) there’s the exhausting battle of wills you must engage in.No matter how well you ...

1 May 2025 - What if we stopped thinking of young people as just “the future” and started listening to what they’re saying right now?. That question came up more than once as we spoke with ...

“Financing for development shows whether a government prioritizes the future of its young people — or ignores it,” said Dennis Bai Zinnah Jr., a PhD candidate at Tsinghua University and ...