If You Live Here, Your Car Loan Is More Likely To Be a Problem
Auto debt is crushing everyday Americans, with a record 7 million of us now 90 days or more behind on our car payments. And in debt-prone areas of the country, delinquency rates stand at nearly double the national average, according to a February 2019 report. Here's a look at the 10 states where the problem is at its worst.
Electric Cars Have Generally Been A Big Money-Loser. Why They’re Still The Future.
Statistics show most auto manufacturers losing billions on making electric vehicles—to the tune of several thousand dollars per car. Here’s why even significant monetary losses in the short term aren’t enough to derail the coming electric vehicle revolution.
Bank Cash and Avoid Debt As A Freelancer
According to a recent study, freelancers will make up more than half of the American workforce by 2027. The good news is that independent contractors don't have to go it alone. There’s actually a pretty robust network of support—and no shortage of apps—to help address worries over everything from a lack of retirement savings to unexpected or habitual levels of debt.
These Cinematic Journeys Can Add Some Summer To Your New Year
Feeling cooped-up after a holiday spent amid winter’s tragically limited color scheme? Finding yourself in the middle of a month-long holiday hangover? We've just the thing to incite some inspiration: a great American road trip. On film, that is.
Fair Has Your Back Through All Levels Of Vehicle Hurt
Getting in a fender bender is one of life’s pesky inevitabilities. You know it’s going to happen sometime; you just don’t know when and you hope it’s nothing too serious. The good news? Fair is here to help you sort out the aftermath of a road run-in—or any other level of damage.
Figuring your car's annual mileage may be the worst part of filing your annual tax return. After all, did the epic road trip you back-ended onto that conference in Vegas count as "business miles"? And how are you supposed to know your odometer reading from last year? By going through old oil change receipts? Fortunately, figuring the mileage that comes with your Fair car is easy! We walk you through how in this handy guide.
4 Scary New Repossession Techniques
More Americans are behind on their auto loan payments—and that means boom times are here for repossession companies, who are using increasingly high-tech methods to haul away the cars of delinquent drivers. Here are some of the scariest ones we’ve heard.
A Temporary Employer Insisted I Get an Auto Loan. The Damage Was Quite Permanent.
In my first autumn out of college, I got a job working for the campaign of a state school board candidate in the Gulf Coast region of Texas. It was not my dream job. In fact, it was glorified temp work. But that didn’t stop the consultants who’d hired me from insisting that I procure, as a part of my duties, a permanent set of wheels. Agreeing to their demand turned out to be one of the biggest mistakes of my life.
We Owe More On Cars Than Credit Cards. That's A Problem.
Since the beginning of the auto industry, car loans have been how most of us who don’t have a spare $35k in our money clips can afford a vehicle. But have you ever examined what you’re really taking on when you agree to an auto loan—or how perilously deep this river of debt actually runs?