AUTO LOANS

May 17 2026FINANCE

Newport News locals get a cash boost for auto loans this summer

A Virginia credit union is dangling extra cash in front of car buyers who act fast this spring. Starting May 18 and closing June 1, 2026, anyone financing a vehicle with Langley Federal’s auto loan can pocket a $500 bonus—if they also park at least $500 in a new 11-month savings certificate. The cat

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Mar 30 2026FINANCE

Car Finance Redress: What Drivers Should Know

Many people who bought cars on finance may soon learn how to claim money back. The regulator is about to set out a new payment plan for around 14 million finance deals that were signed between April 2007 and November 2024. The plan is expected to give an average settlement of about £700, but the

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Mar 19 2026FINANCE

New Car Buyers Can Cut Interest Costs on Their Loans

Taxpayers who bought a brand‑new car in 2025 may now reduce the amount of interest they pay on their auto loan. The rule comes from a recent law that also dropped taxes on tips and overtime for certain workers and scrapped an electric‑vehicle credit. The new deduction only applies to loans taken aft

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Sep 17 2024FINANCE

Will the Federal Reserve's Interest Rate Cuts Bring a Soft Landing?

The Federal Reserve is on the verge of announcing a series of interest rate cuts, which could have a significant impact on the economy. The decision to cut rates comes after a long period of steady increases, which had left borrowing expensive and made it difficult for consumers and businesses to in

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