Taxpayers could hit a dead end with car loan interest deduction

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 ...
The Mirror US on MSN

Drivers can claim up to $10,000 on car loan interest from Trump's tax cuts

Under Trump's new tax policies, taxpayers with vehicles will be able to benefit from the new no tax on car loan interest ...
Crain's Detroit Business

First Brands looks to sell its business to get out of bankruptcy

First Brands has sued James in bankruptcy court, alleging the former CEO looted the company, possibly of billions of dollars, to fund a lavish lifestyle and raised money by selling non-existent or ...

Treasury implementing Trump’s car loan interest tax break: 'Putting money back in the pockets'

Treasury Secretary Bessent announces implementation of Trump's car loan interest tax deduction policy, putting money back in ...

Jefferies discloses $30mn loss on lending exposure to First Brands

US investment bank Jefferies Financial took a $30mn loss tied to the collapse of car parts supplier First Brands Group, with ...

We Finally Paid Off Our Last Piece of Debt. I Didn’t Expect It to Backfire Like This.

My husband and I recently paid off our car loan early. It was the last piece of debt we had. We did so to prepare for our ...

I Never Learned the Most Important Money Lesson When I Was Young. Now I’m Dealing With the Difficult Consequences.

Pay Dirt is Slate’s money advice column. Have a question? Send it to Kristin and Ilyce here. (It’s anonymous!) Dear Pay Dirt, I am 27 and looking to pay off as much debt as I ...

Taking out a loan? First make these 5 smart moves to raise your credit score - whether you have weeks or months

With even a brief window, motivated borrowers can quickly boost their credit scores before applying for a loan, allowing them to qualify for better interest rates.

A year after LA-area wildfires destroyed thousands of homes, fewer than a dozen have been rebuilt

A year after devastating fires in the L.A. area, fewer than a dozen homes have been rebuilt. Many homeowners find their ...
Torque News

Hyundai Palisade Owner Is Trapped: She Says “We're $7K Upside Down on This Unreliable Palisade, So, Looking At A Honda CR-V or Toyota Venza, Leaning Towar…

Stuck in a $7K debt trap with an unreliable Hyundai Palisade. One owner is ready to jump ship for a Honda CR-V or Toyota ...

Top executives at a bankrupt subprime auto lender charged with running a fraud scheme. Here’s how prosecutors say they misled banks to earn billions

For consumers, the Tricolor case is a reminder that subprime auto loans can carry risks far beyond a monthly payment. High ...

New Car Sales Are Rising Thanks to Purchases by the Well-Off

A larger proportion of new cars are being bought by affluent Americans as prices and interest rates for auto loans climb, ...