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More and more drivers owe more on their vehicles than they're worth. Bob explains why negative equity is becoming a growing problem and what you can do if you're in that situation.
Join Sam Kem, senior economic research analyst at CFC, as she examines why car ownership—not commuting—is straining more household budgets, and what rising auto debt reveals.Read the transcript of this episode.Contact the Economic & Market Watch team at economicresearch@nrucfc.coop.Follow the Economic & Market Watch podcast.Visit us, download the intelligence brief and dashboard and explore more economic insights on our website, nrucfc.coop/Solutions.
About one in 20 car loans made to young people are in serious delinquency. That's the highest rate since the global financial crisis. Today on the show, former FDIC chair Sheila Bair answers young listeners' car buying questions. Sheila Bair's book is How Not to Lose a Million Dollars: A Young Person's Guide to Avoiding the Tricks and Traps of Our Financial System Fact checking by Sierra Juarez. Your Next Listen — Why this former banking regulator is writing kids books Connect with The Indicator — Sign up for The Indicator's brand new newsletter — Find our socials, YouTube and more! — For sponsor-free episodes, subscribe to NPR+ See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.NPR Privacy Policy
Today on CarEdge Live, Ray and Zach discuss the latest on auto loan financing. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
A massive dust cloud rolled through Utah last night and it caught all of our attention. Plus, a Saharan dust plume is sweeping across the southeastern U.S., bringing hazy skies and stunning sunsets. Then, new data shows nearly 1 in 4 new car buyers are now locking into seven-year loans as the average monthly payment hits a record $777. Copenhagen tops the world's most livable cities list for the second straight year (sorry, Salt Lake). Alex shares tips for surviving family travel this summer as he preps to leave for Hawaii. Does he need to bring snacks to Hawaii? KSL Brightside streams live weekdays 12–3 PM. Watch a YouTube-exclusive live stream from 12–1 PM and catch the show on radio plus YouTube from 1–3 PM. Follow KSL Brightside on social media! YouTube: https://www.youtube.com/@KSLBrightside Facebook: https://www.facebook.com/KSLBrightside Instagram: https://www.instagram.com/KSL_Brightside TikTok: https://www.tiktok.com/@ksl.brightside
Our diarist this week went from being a flat-broke uni student who could barely afford rent to paying off a $25,000 car loan on a graduate salary in less than a year. She built her emergency fund, started investing, got serious about her money and completely transformed her financial situation. But now there's a new problem. Every time she spends money, she feels guilty. We chat about moving away from home at 19, being the only person in her share house paying her own rent, paying off debt, building wealth in regional Australia, dating someone with four investment properties, and the surprising money mindset shift that came after getting her finances under control. Because sometimes getting good with money isn't the hard part. Sometimes it's learning how to enjoy it. SORT YOUR INSURANCE: A big thank you to our partner Skye Wealth for bringing this episode to life. If you're ready to get your insurances sorted, you can learn more about them here.We have a long standing referral partnership with Skye Wealth and only ever partner with people we trust. CHECK OUT THE SOTM INVESTING HUB: Full of our best investing freebies, resources, courses and podcast episodes here. INVESTING FOR BEGINNERS: All our best beginner's investing podcast episodes in one place here. Ready to binge more relatable, inspiring, and downright juicy money stories? Check out our ultimate Money Diaries playlist. Listen now Join our Facebook Group AKA the ultimate support network for money advice and inspiration. Ask questions, share tips, and celebrate your wins with a like-minded crew of 300,000+. And follow us on Instagram for Q&As, bite-sized tips, daily money inspo... and relatable money memes that just get you. Acknowledgement of Country By Nartarsha Bamblett aka Queen Acknowledgements. The advice shared on She's On The Money is general in nature and does not consider your individual circumstances. She's On The Money exists purely for educational purposes and should not be relied upon to make an investment or financial decision. If you do choose to buy a financial product, read the PDS, TMD and obtain appropriate financial advice tailored towards your needs. Victoria Devine and She's On The Money are authorised representatives of Money Sherpa PTY LTD ABN - 321649 27708, AFSL - 4451289See omnystudio.com/listener for privacy information.
Tim Szabo is the owner and president of Trail Tire stores in Edmonton, Alberta, and Hoosier Tire Western Canada. He grew up working in his father's repair shop, became a journeyman technician at 21, and has spent nearly three decades in the automotive industry.His experience spans vehicle repair, shop operations, customer service, and business ownership. That background gives him a clear view of how long car loans and repairs are changing customer behavior, maintenance decisions, and the role independent shops play in keeping aging vehicles on the road.In this episode…Eight-year auto loans have changed the repair cycle. Drivers reach the five-year mark still owing years of payments just as suspension work, fluid services, leaks, tires, and other major expenses begin appearing. Trading the vehicle often means carrying negative equity into another long loan, so repairing and maintaining the current vehicle becomes the more practical path.That shift creates a new responsibility for multi-location operators. A declined repair no longer means the customer sees no value in the work. Many customers lack a clear picture of what the vehicle is worth, what they still owe, and what continued neglect will cost. Shops that explain those numbers, document developing problems, and present financing without pressure become trusted advisers rather than another unexpected bill.Customer education also protects future revenue. Clear recommendations, digital inspection records, and documented “next time” items give customers time to plan. They show exactly how a small leak, skipped service, or delayed repair turns into a larger failure. The shop earns trust by helping customers avoid the same financial situation again.Here's a glimpse of what you'll learn: [01:02] Tim Szabo's automotive background and career path[05:03] Long car loans reshape vehicle repair decisions[08:20] Trail Tire's approach to customer financing[14:34] Deferred maintenance reduces vehicle value[18:36] Customer education prevents repeat repair problems[22:47] Education as the foundation of a successful shop[25:05] Digital records strengthen transparency and trust[27:09] Tire preferences and budget tire demand[29:46] Business lessons from Ford v Ferrari[35:01] Tim's guiding philosophy and closing adviceResources mentioned in this episode:Tim Szabo on LinkedInTrail Tire Tamarack WebsiteTread PartnersGain Traction Podcast on YouTubeGain Traction Podcast WebsiteMike Edge on LinkedInQuotable Moments:“Mileage doesn't kill cars, neglect does.”“People's vehicle is their freedom.”“The customer needs to know everything we're doing, so that we don't hide anything from them.”“Educating your customer is a key foundation in owning a successful shop.”“You never get in life what you deserve, you only get what you negotiate.”Action Steps:Review how service advisers explain negative equity.Create a standard process for presenting repair financing.Document every developing problem.Build a maintenance plan around long car loans and repairs.Track declined work and revisit it at every visit.
- Chinese Cars Infiltrate America Anyway - Chinese Robotaxis Dodge U.S. Tech Bans - Xpeng Robotaxis Ditch Lidar For Cameras - WeRide Plans Massive Robotaxi Fleet - Will Robotaxis Cripple Car Sales? - Carvana Rattles Stellantis Dealers - U.S. Fees Fleece EV and Hybrid Drivers - Renault Launches Niagara Hybrid Truck - Geely Buys Radar Pickup Brand - Risky Auto Loans Spark Alarm
- Chinese Cars Infiltrate America Anyway - Chinese Robotaxis Dodge U.S. Tech Bans - Xpeng Robotaxis Ditch Lidar For Cameras - WeRide Plans Massive Robotaxi Fleet - Will Robotaxis Cripple Car Sales? - Carvana Rattles Stellantis Dealers - U.S. Fees Fleece EV and Hybrid Drivers - Renault Launches Niagara Hybrid Truck - Geely Buys Radar Pickup Brand - Risky Auto Loans Spark Alarm
Trapped in a bad car loan?
Good Vibe Tribe: Paying Off Your Car Loan! full 345 Mon, 11 May 2026 14:17:47 +0000 VvBz3a3D7lvsXoMWd56MdHC4OM1fw72c society & culture Karson & Kennedy society & culture Good Vibe Tribe: Paying Off Your Car Loan! Karson & Kennedy are honest and open about the most intimate details of their personal lives. The show is fast paced and will have you laughing until it hurts one minute and then wiping tears away from your eyes the next. Some of K&K’s most popular features are Can’t Beat Kennedy, What Did Barrett Say, and The Dirty on the 30! 2024 © 2021 Audacy, Inc. Society & Culture False https://player.amperwavepodcasting.com?feed-link=h
LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured Sounding off on the explosion of risky 7-year car loans, underwater buyers, and social media-driven spending. With record monthly payments and rising defaults, Chris explains how flashy cars and bad financial decisions are trapping Americans in long-term debt — all for the illusion of looking successful.
Is High-Interest Debt Weighing You Down? Consider a Second Mortgage for Financial ReliefAre you feeling the squeeze from relentless high-interest rates on your credit cards, watching your car loan payments eat a significant chunk of your budget, or perhaps even seeing your student loan balance grow because your payments aren't even covering the interest? It's a common and incredibly frustrating financial dilemma. Many homeowners find themselves in a cycle where minimum payments barely scratch the surface of their principal balances, leaving them feeling trapped and overwhelmed. If this sounds familiar, it might be time to consider a powerful financial tool that could offer significant relief: a second mortgage.At DDA Mortgage, we understand the pressures of managing multiple high-interest debts. We believe in empowering homeowners with solutions that not only address immediate financial strain but also pave the way for a more stable and prosperous future. A second mortgage, often in the form of a home equity loan or a home equity line of credit (HELOC), allows you to tap into the equity you've built in your home. This can be a strategic move to consolidate expensive debts, reduce your monthly outgoings, and even provide funds for valuable home improvements. Let's explore how a second mortgageCredit cards offer convenience, but their high-interest rates can quickly turn a small balance into a significant financial burden. Many credit cards carry annual percentage rates (APRs) well into the double digits, sometimes even exceeding 20% or 30%. When you're only making minimum payments, a large portion of that payment goes straight to interest, making it seem like you're barely making a dent in the principal. This revolving debt can feel like a never-ending cycle, impacting your credit score and causing considerable stress.Student loans are a unique challenge. While federal student loans often come with protections like income-driven repayment plans and deferment options, private student loans typically do not. Furthermore, for both federal and private loans, if your monthly payments aren't covering the interest that accrues, your loan balance can actually grow - a phenomenon known as negative amortization or interest capitalization. This can feel incredibly disheartening, as you're making payments but never getting ahead.Combining Debt Consolidation and Home ImprovementsOne of the most powerful aspects of a second mortgage is its versatility. Imagine consolidating your high-interest credit card debt and car loan, freeing up hundreds of dollars in your monthly budget. With that newfound cash flow, you could then comfortably afford to make those much-needed home repairs or upgrades you've been postponing. Alternatively, you could structure your second mortgage to cover both debt consolidation and a specific home improvement project, tackling multiple financial goals at once.This dual benefit makes a second mortgage an attractive option for homeowners looking to not only stabilize their finances by reducing debt but also to enhance their most valuable asset - their home. It's an investment in both your financial future and your living environment.Didier Malagies nmls212566DDAMortgage nmls324329https://www.ddamortgage.com Support the show
May want-to-be homebuyers think they can't, but they can. When buying a home with a mortgage, avoid HOA properties to avoid HOA dues. Same for car loans; avoid them to have more home buying power. AFTER you purchase a home you can shop for a vehicle you can afford. Learn more by talking to the experts a Sage International. 800-254-5779 or visit www.Sageintl.com
Why are so many people underwater on car loans HR 4 full 2535 Thu, 02 Apr 2026 18:07:06 +0000 RD4VhDQYe9adSfaSGKcBghI3iDI4kUWM news MIDDAY with JAYME & WIER news Why are so many people underwater on car loans HR 4 From local news & politics, to what's trending, sports & personal stories...MIDDAY with JAYME & WIER will get you through the middle of your day! © 2025 Audacy, Inc. News False https://player.amperwavepodcasting.com?fe
How to Walk Away from a Bad Car Loan (Legally) ✌️
Stephen Grootes spoke to financial advisor Warren Ingram about the power of early, disciplined investment decisions; futurist Graeme Codrington about the transformative, life‑improving uses of drones; entrepreneur Natasha Sideris about building Tashas into a globally recognised restaurant group; and attorney Fortune Chego about the landmark ruling that holds banks liable for defects in financed vehicles and what it means for South African consumers. The Money Show is a podcast hosted by well-known journalist and radio presenter, Stephen Grootes. He explores the latest economic trends, business developments, investment opportunities, and personal finance strategies. Each episode features engaging conversations with top newsmakers, industry experts, financial advisors, entrepreneurs, and politicians, offering you thought-provoking insights to navigate the ever-changing financial landscape. Thank you for listening to a podcast from The Money Show Listen live Primedia+ weekdays from 18:00 and 20:00 (SA Time) to The Money Show with Stephen Grootes broadcast on 702 https://buff.ly/gk3y0Kj and CapeTalk https://buff.ly/NnFM3Nk For more from the show, go to https://buff.ly/7QpH0jY or find all the catch-up podcasts here https://buff.ly/PlhvUVe Subscribe to The Money Show Daily Newsletter and the Weekly Business Wrap here https://buff.ly/v5mfetc The Money Show is brought to you by Absa Follow us on social media 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/CapeTalk 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/Radio702 CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.
A discussion about all the things you should consider when financing a car purchase, and whether a car loan is right for you. Show notes and transcript at: What is a Car Loan / Auto Loan / Car Financing: A Simple Explanation for Kids A discussion about all the things you should consider when financing ... Read More
- VW Dealers Sue to Block Scout's Direct Sales - Scout Reveals 160K Reservations and Production Timeline - Tesla Workers Reject Union in Germany - U.S. Hits Record Car Loan Debt - Stellantis Sells EV Vans for Same as Diesel - Honda Revives Insight Again, But as Pure EV - Hyundai and Kia Cut EV Models in the U.S. - BYD Makes Big Improvements with Next-Gen Battery
- VW Dealers Sue to Block Scout's Direct Sales - Scout Reveals 160K Reservations and Production Timeline - Tesla Workers Reject Union in Germany - U.S. Hits Record Car Loan Debt - Stellantis Sells EV Vans for Same as Diesel - Honda Revives Insight Again, But as Pure EV - Hyundai and Kia Cut EV Models in the U.S. - BYD Makes Big Improvements with Next-Gen Battery
Everything you need to know about car loans: What is a car loan, how auto loans work, what is the monthly payment, and more. Show notes and transcript at What is a Car Loan / Auto Loan / Car Financing: A Simple Explanation for Kids Everything you need to know about car loans: What is ... Read More
Today on CarEdge Live, Ray and Zach discuss the latest trends in automotive finance. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Ford Talks with Geely To Fill Excess Factory Capacity in Spain - NADA CEO Mike Stanton Calls Chinese Car Imports "Bad for Consumers” - Analyst Predicts Chinese OEMs Will Launch U.S. Joint Ventures In 2026 - Tesla Mass Produces Dry Electrodes to Slash Costs By $1 Billion - Uber's Margin Squeeze: Lower Profits Today, More Robotaxis Tomorrow - Renault To Build EV Motors in France Using Chinese Components - $4 A Day for A New Car: China's 8-Year Loan War Begins - Honda And Mythic Co-Develop Energy-Efficient Ai Chips for SDVs - Singing Fish and Grizzly Bears: Jeep's "Cruel" New Cherokee Ad
- Ford Talks with Geely To Fill Excess Factory Capacity in Spain - NADA CEO Mike Stanton Calls Chinese Car Imports "Bad for Consumers” - Analyst Predicts Chinese OEMs Will Launch U.S. Joint Ventures In 2026 - Tesla Mass Produces Dry Electrodes to Slash Costs By $1 Billion - Uber's Margin Squeeze: Lower Profits Today, More Robotaxis Tomorrow - Renault To Build EV Motors in France Using Chinese Components - $4 A Day for A New Car: China's 8-Year Loan War Begins - Honda And Mythic Co-Develop Energy-Efficient Ai Chips for SDVs - Singing Fish and Grizzly Bears: Jeep's "Cruel" New Cherokee Ad
In this compelling episode of Dollars & Sense with Joel Garris, the show dives deep into two urgent financial realities that could reshape your future: the explosion of ultra-long car loans and a retirement crisis few see coming—not about money, but about meaning. First, Joel tackles the “100-month car loan” phenomenon, revealing how soaring auto prices and sky-high average payments (now topping $750/month) are forcing families into unprecedented debt traps. He breaks down common mistakes—like focusing only on monthly payments or stretching loan terms to buy pricier vehicles—and offer smart, actionable strategies: buying used, choosing shorter loans, and planning purchases to protect your budget and future. Then, the show pivots to a powerful, rarely discussed retirement crisis: the loss of mattering. Joel illuminates why financial and health planning alone aren't enough and explores the emotional gap retirees face when work—and the sense of being needed—ends. You'll hear research-backed insights into why building a new sense of purpose, connection, and significance is the real key to a happy, resilient retirement. Plus, the episode unpacks the hidden financial blind spots that overwhelm grieving spouses, from surprise debts and locked accounts to the dreaded “widow's penalty” tax shock. Joel shares practical steps you can take today to protect your spouse and yourself, ensuring clarity and stability during life's toughest moments. If you want to avoid costly financial pitfalls and ensure your next chapter is not just secure—but meaningful—this episode is a must-listen.
We spend an hour with John Ulzheimer, a credit expert and formerly of FICO and Equifax, talking about President Trump's interest rate cap proposal and answering all your questions about credit scores, credit reports, and the dos and don'ts.
Welcome to 2026 with The Automotive Truth Podcast! Matt & Irlanne discuss car loans, mobile car repair, engine issues, and the end of the VW Bus, while also diving into leadership, accountability, daycare fraud, faith, and freedom.This episode blends automotive insight, cultural truth, and humor to start the new year strong.#TheAutomotiveTruthPodcast #AutomotivePodcast #CarTalk #CarLoans #autoindustry
https://vimeo.com/1151233104?share=copy&fl=sv&fe=ci https://www.currentfederaltaxdevelopments.com/podcasts/2026/1/3/2026-01-05-proposed-regulations-on-new-car-loan-interest-deduction This week we look at: Standard Mileage Rates & Notice 2026-10 2026 Procedural Updates - Annual Revenue Procedures Qualified Passenger Vehicle Loan Interest (QPVLI) Proposed Regulations Estate of Spenlinhauer v. Commissioner Late Filing and More Bargain Sale of For-Profit colleges to a Non-Profit (501(c)(3))
IRS releases proposed regulations on vehicle interest, standard mileage rates for 2026 published and more.
This week we look at: Standard Mileage Rates & Notice 2026-10 2026 Procedural Updates - Annual Revenue Procedures Qualified Passenger Vehicle Loan Interest (QPVLI) Proposed Regulations Estate of Spenlinhauer v. Commissioner Late Filing and More Bargain Sale of For-Profit colleges to a Non-Profit (501(c)(3))
Your 60-second money minute. Today's topic: 8 Year Car Loans Oh My Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
This Day in Legal History: Entrapment as DefenseOn December 19, 1932, the U.S. Supreme Court decided Sorrells v. United States, a case that reshaped how American courts evaluate government conduct in criminal investigations. The case involved a Prohibition-era prosecution in which a federal agent repeatedly pressured the defendant to obtain illegal liquor. The Court held that criminal convictions should not stand when the government induces a crime that the defendant was not otherwise predisposed to commit. This decision formally recognized entrapment as a valid defense under federal law.Rather than focusing only on the defendant's actions, the Court emphasized the importance of limiting improper law enforcement tactics. The majority opinion reasoned that Congress could not have intended criminal statutes to be enforced through deception that manufactures crime. As a result, courts were instructed to examine whether the criminal intent originated with the government or the accused. The ruling reflected growing concern about aggressive policing methods during Prohibition. Over time, Sorrells became a foundational case cited whenever defendants challenge undercover operations. The decision also highlighted the judiciary's role in supervising executive conduct in criminal prosecutions.The Trump administration has suspended the Diversity Immigrant Visa Program—commonly known as the green card lottery—following two high-profile campus attacks. Homeland Security Secretary Kristi Noem announced the move, stating that the suspect in the fatal shootings of a Brown University student and an MIT professor had entered the U.S. through the program. The shooter, Claudio Manuel Neves Valente, a 48-year-old Portuguese national and former Brown student, was found dead in an apparent suicide. Noem said the pause is necessary to prevent further harm from what she called a “disastrous program.”The lottery program, which grants up to 50,000 green cards annually, has long been a target of Trump's immigration agenda, which links violent incidents to immigration policy failures. This suspension follows earlier actions by the administration, including visa restrictions after a separate shooting by an Afghan national and a proposal to impose a $100,000 application fee for H-1B work visas, which are heavily used in the tech industry.Trump's broader immigration crackdown also includes enhanced social media vetting for tourists, expanded ICE operations in major cities, and the development of large-scale immigration detention centers known as “mega centers.” These moves align with Trump's campaign promises to tighten border controls and execute large-scale deportations.Trump Suspends US Green Card Lottery After Brown, MIT AttacksTrump administration officials are scrambling to meet a Friday deadline to release a large cache of documents related to the Justice Department's investigations into Jeffrey Epstein. The release was mandated by a recently passed law, supported by both parties in Congress, following months of political pressure and public frustration over the administration's resistance to transparency. Though President Trump initially opposed the legislation, he reversed course shortly before the vote amid growing dissent from his own supporters.The new law permits the Justice Department to withhold certain details, including victims' identities and information tied to ongoing investigations. Attorneys in the department's National Security Division have been racing to redact sensitive data, raising internal concerns about the risk of mistakes, especially regarding private information. The tight timeline has disrupted other DOJ casework since Thanksgiving.Trump's handling of the Epstein matter has dented his support among Republicans, with only 44% approving of his actions, according to a recent Reuters/Ipsos poll. This contrasts sharply with his broader 82% approval within the party. Critics argue that Trump's past friendship with Epstein and his failure to follow through on a 2024 campaign promise to declassify the records have fueled suspicions of a cover-up. While Trump has denied knowledge of Epstein's crimes and has not been accused of wrongdoing, past email disclosures have added to the controversy.As more emails emerge—some implying Trump's involvement, others suggesting no direct misconduct—the administration has tried to redirect attention toward figures like Bill Clinton and JPMorgan. But with midterms approaching, the Epstein file release may remain a political liability.Trump administration officials race to meet Friday deadline for Epstein files | ReutersWisconsin Judge Hannah Dugan was found guilty of obstructing a federal proceeding for aiding a migrant in avoiding an immigration arrest at the courthouse, marking a significant legal win for the Trump administration's intensified immigration enforcement efforts. The jury acquitted Dugan on a lesser charge of concealing a person from arrest but convicted her on the more serious obstruction count. The case is part of a broader Justice Department campaign targeting local officials accused of interfering with Immigration and Customs Enforcement (ICE) operations.Prosecutors alleged that in 2023, Dugan helped Mexican national Eduardo Flores-Ruiz, who faced domestic violence charges, avoid a planned ICE arrest by rerouting him and his lawyer through a restricted exit after confronting ICE agents stationed near her courtroom. Dugan, a former head of Catholic Charities and longtime legal aid attorney, argued she was following internal court policies meant to manage ICE activity in courthouses, especially after prior arrests caused confusion and concern.Flores-Ruiz was ultimately arrested outside the courthouse after a brief chase. The Justice Department framed the case as a message that even judges are not above the law when it comes to obstructing federal immigration enforcement. Critics, however, view courthouse arrests as damaging to the legal system's integrity, potentially deterring vulnerable individuals from seeking legal protection.Judge found guilty of obstructing arrest in Trump immigration crackdown | ReutersIn a piece I wrote for Forbes earlier this week, I take down yet another One Big Beautiful Bill Act tax “reform” that, upon closer examination, isn't as great a deal as it may first seem.Starting in 2025, a new federal tax deduction allows taxpayers to deduct up to $10,000 in interest on qualifying new car loans—but only under strict conditions. The car must be newly purchased (not leased or used), assembled in the U.S., and not used for business purposes. The deduction phases out for individuals earning over $100,000 and joint filers over $200,000, narrowing its reach to a slim demographic of middle- to upper-middle-income earners. While promoted as consumer relief amid high car prices and interest rates, critics argue it's a veiled subsidy for automakers, not a meaningful economic benefit for struggling Americans.The policy resembles the mortgage interest deduction, which has long been criticized for inflating home prices and disproportionately benefiting wealthier borrowers. Similarly, this car loan deduction doesn't lower car costs—it subsidizes borrowing, pushing consumers toward pricier new vehicles and encouraging debt accumulation. The IRS will also gain new data from lenders, who must now report annual interest paid, further expanding government oversight.Despite the flashy $10,000 cap, few borrowers will come close to that threshold. A typical new car loan might yield only a $600 annual tax benefit—negligible compared to high monthly payments and rapid depreciation. Rather than meaningful relief, the policy appears to be more of a political gesture, using tax code tweaks to create the illusion of support while primarily serving industry interests.‘No Tax On Car Loan Interest'—Tax Reform Or Facade?This week's closing theme is by Louis-Nicolas Clérambault.This week's closing theme comes from Clérambault, a French Baroque composer born on December 19, 1676, whose music captures the elegance and structure of early 18th-century Paris. Clérambault is best known today for his sacred cantatas and his refined works for keyboard and chamber ensemble. He spent much of his career as an organist, serving at prominent Paris churches and developing a style that balanced expressive melody with formal clarity. His music reflects the French taste for ornamentation while remaining grounded and disciplined.The piece featured here is Suite du premier ton: V. Basse et Dessus de Trompette, presented in a complete performance. This movement highlights the contrast between a strong bass line and a bright, trumpet-like upper voice, a hallmark of French Baroque color and texture. Rather than showcasing virtuosity for its own sake, the music emphasizes balance and conversation between parts. The result is confident and ceremonial, yet never overstated.As a closing theme, this work offers a sense of order and resolution, bringing the week to a measured and dignified close. Clérambault's writing reminds us that Baroque music was as much about structure and purpose as it was about beauty. His music endures because it is clear, expressive, and carefully crafted. Ending the week with this piece is a quiet nod to tradition, discipline, and lasting musical craft.Without further ado, Louis-Nicolas Clérambault's Suite du premier ton: V. Basse et Dessus de Trompette–enjoy! This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe
From Wall Street to Main Street, the latest on the markets and what it means for your money. Updated regularly on weekdays, featuring CNBC expert analysis and sound from top business newsmakers. Anchored and reported by CNBC's Jessica Ettinger. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
In this episode of Productive Conversations, Matt dives into one of the wildest news cycles of the week. We break down Donald Trump's claim that new stimulus checks are on the way — and why 50-year mortgages and 15-year car loans might change the entire economy. Then we shift gears into pop culture as Meghan Trainor and Kris Jenner debut brand-new looks, sparking a bigger conversation about beauty standards and body positivity today.Sports fans get their fix as we react to the firing of Mavericks GM Nico Harrison and introduce you to the newest star taking over women's college basketball — Audi Crooks. Plus, Matt gives you the Top 5 Trash Trending Foods, Cam Skattaboo joins for the Question of the Day, and we wrap with a can't-miss Nuclear Opinion to close the show.Packed, fast, funny, and sharp — everything you need in your end of week pod.Tap in to Episode 643 of the Productive Conversations Podcast—available now on all podcast platforms and YouTube.------Trump's Says We're Getting Stimulus Checks (5:20)50 year mortgages (11:30)15 year car loan (18:15)Meghan Trainor new look and a talk on body positivity (21:20)Kris Jennar new look (40:30)Nico Harrison Fired (47:10)Women's College Basketball New Star Audi Crooks (56:12)Top 5 trash trending foods (1:01:12)Question of the day w/ Cam Skattaboo (1:08:11)Nuclear Opinion (1:18:13)Best way to contact our host is by emailing him at productiveconversationspodcast@gmail.com or mbrown3212@gmail.comThis show has been brought to you by Magic Mind!Right now you can get your Magic Mind at WWW.MAGICMIND.COM/ PCLT20 to get 20% off a one-time purchase or up to 48% off a subscription using that code PCJUNE. Apple Podcast: https://podcasts.apple.com/us/podcast/productive-conversations-with-matt-brown/id1535871441 Spotify: https://open.spotify.com/show/7qCsxuzYYoeqALrWu4x4Kb YouTube: @Productive_Conversations Linktree:https://linktr.ee/productiveconversations
(November 12, 2025) Leases for VA are millions of dollars under market value, Trump administration says. Newsom presents California as reliable partner at U.N. climate talks. L.A. may cap rent increases for rent-stabilized apartments at 3%, landlords cry foul. 7-year car loans are here… what will your car be worth in 2032?See omnystudio.com/listener for privacy information.
Find us at www.crisisinvesting.com In this episode, Doug and Matt reconnect after a long hiatus to discuss pressing issues in politics and economics. They analyze the bizarre relationship between Trump and an Al-Qaeda figure, the alarming state of free speech legislation in South Korea, and the absurdity of 15-year car loans. They also touch on the implications of tariffs, the unemployment crisis among college graduates, and the future prospects in a world increasingly influenced by AI and robotics. Towards the end, they passionately promote their book aimed at helping young men navigate these turbulent times. 00:00 Introduction and Catching Up 00:21 Al-Qaeda and Trump: A Bizarre Alliance 03:38 Hate Speech and Freedom of Expression 05:36 The Absurdity of 15-Year Car Loans 11:15 Capital Controls and Financial Restrictions 15:58 Trump's Tariff Dividends and Corruption 21:12 Trump's World Coin and Financial Maneuvering 21:59 The Rise of Humanoid Robots 23:35 Somali Political Dynamics in Minneapolis 26:42 US-Venezuela Relations and Narco-Terrorism 33:08 The Crisis of College Graduates and Employment 34:10 Promoting the Book: A Solution for Young Men 42:04 Conclusion and Call for Questions
Today on CarEdge Live, Ray and Zach discuss the latest news about auto loans. Tune in to learn more! Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.
- Car Loan Delinquencies Up Sharply - Car Loan Fraud Hits Record Highs - Porsche Officially Names New CEO - Don't Pay Elon $1 Trillion, Says Advisory Group to Shareholders - GM, Ford to Launch Families of Affordable EVs - EU OEMs to Pay Chinese Billions for CO2 Credits - Apple Gets F1 Streaming Rights in U.S. - Autoline Poll Results on AI in Cars
- Car Loan Delinquencies Up Sharply - Car Loan Fraud Hits Record Highs - Porsche Officially Names New CEO - Don't Pay Elon $1 Trillion, Says Advisory Group to Shareholders - GM, Ford to Launch Families of Affordable EVs - EU OEMs to Pay Chinese Billions for CO2 Credits - Apple Gets F1 Streaming Rights in U.S. - Autoline Poll Results on AI in Cars
Is debt killing your financial future and success? In this episode, we're having an honest conversation about all forms of debt and how some of it may quietly destroys your future dreams and keeps you stuck in a cycle of stress and limitation. We'll talk through which types of debt can be reasonable, which ones to avoid completely, and how to tell if you're living beyond your means. Watch the video version, read our show notes, or view additional resources at thewealthmindsetshow.com/s2e22Send in LISTENTER QUESTIONS via text➡️Download Free Resource: 8 Timeless Principles to Investing!
- Tesla Q3 Sales Stun Critics - Cybertruck Selling in Middle East - BYD Outsells Tesla in BEVs - BYD Fleet Capable Of 1 Million Exports/Year - Sub-Prime Car Loans Send Warning Signs - American Car Buyers Want $5,000 Discounts on EVs - Nissan To Launch Robotaxis In Japan - EU Calls for AV Strategy - Wuling Launches New Brand, Moves Upscale - S. Korean Workers Return to U.S. Battery Plant
- Tesla Q3 Sales Stun Critics - Cybertruck Selling in Middle East - BYD Outsells Tesla in BEVs - BYD Fleet Capable Of 1 Million Exports/Year - Sub-Prime Car Loans Send Warning Signs - American Car Buyers Want $5,000 Discounts on EVs - Nissan To Launch Robotaxis In Japan - EU Calls for AV Strategy - Wuling Launches New Brand, Moves Upscale - S. Korean Workers Return to U.S. Battery Plant
Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm offered auto loans to buyers with poor (or no) credit ratings. That so-called “subprime” auto market has grown to $80 billion. But Tricolor's collapse could make it harder for some buyers to get car loans. We hear more. Plus, President Donald Trump unveils a new batch of tariffs, and D.C. braces for more economic pain ahead of a looming shutdown.
Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm offered auto loans to buyers with poor (or no) credit ratings. That so-called “subprime” auto market has grown to $80 billion. But Tricolor's collapse could make it harder for some buyers to get car loans. We hear more. Plus, President Donald Trump unveils a new batch of tariffs, and D.C. braces for more economic pain ahead of a looming shutdown.
Dr Boyce Watkins explains what happens when you get into bad car loans.
Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3187: Paula Pant unpacks the surprising realities behind auto loans and credit scores, showing why taking on debt just to improve your credit can backfire. With clear insights into how credit scores are calculated, she explains smarter, debt-free ways to boost your score without falling into the trap of unnecessary borrowing. Read along with the original article(s) here: https://affordanything.com/will-getting-car-loan-improve-credit-score-heck/ Quotes to ponder: "Debt should be used to solve problems, not to game a number." "The credit score was never designed to be a symbol of financial success." "A credit score is a measure of how good you are at managing borrowed money, not how wealthy or financially responsible you are." Episode references: Annual Credit Report: https://www.annualcreditreport.com/index.action Consumer Financial Protection Bureau - Understanding credit scores: https://www.consumerfinance.gov/ask-cfpb/what-is-a-credit-score-en-315/ MyFICO: https://www.myfico.com/credit-education/credit-scores Learn more about your ad choices. Visit megaphone.fm/adchoices
US credit downgrades are back in the spotlight as Moody's lowers the U.S. rating from Aaa to Aa1 for the first time since 1949. In today's episode, Kathy Fettke breaks down what this means for bond markets, long-term Treasury yields, and most importantly—mortgage rates. With the 30-year Treasury briefly topping 5%, investors and homebuyers alike are wondering: are borrowing costs headed even higher? Plus, how this move aligns Moody's with other rating agencies, why deficits and political gridlock are driving concern, and what to watch in the real estate market in the weeks ahead. LINKS Source: https://www.cnbc.com/2025/05/19/us-treasury-yields-moodys-downgrades-us-credit-rating.html Download Your Free Top 5 Cities to Invest in 2025 PDF!https://www.realwealth.com/1500 JOIN RealWealth® FOR FREE https://realwealth.com/join-step-1 FOLLOW OUR PODCASTS Real Wealth Show: Real Estate Investing Podcast https://link.chtbl.com/RWS Real Estate News: Real Estate Investing Podcast: https://link.chtbl.com/REN Topics Discussed: 00:00 US Credit Downgrades 00:32 Bond Yield Movement 01:10 Moody's Reasoning 01:27 Market Reaction 02:16 Moody's Warning 02:28 Mortgage Rates, Car Loans, and Credit Cards