#vehicle-debt

#vehicle-debt

Credit cards can be very dangerous from a financial well-being perspective, if used irresponsibly. The temptation to use one to fund a big holiday or a new sofa that you can't afford can be seriously tempting.

On average, fuel prices are up almost a dollar per gallon, or 25 percent, according to AAA. For a nation as addicted to the automotive as we are, that's bad news. Except, of course, for electric vehicles.

Rocket Companies contends that the plaintiffs failed to plead injury, a qualifying referral, a thing of value, or an agreement, which are essential for their claims under RESPA.

The average American's FICO score is now down to 714 - a two point decline over the course of the last year, reflecting a troubling trend in credit health.

For $1,000, Tomi Mikula will do something most people dread: negotiate with a car dealer. The 33-year-old spent more than a decade selling cars and auto financing at dealerships before starting his own business doing the opposite. Now he uses dealer speak and an encyclopedic knowledge of inventory to talk down sticker prices for buyers.

Your credit file (or credit report) is a detailed, six-year history of your borrowing, repayment behaviour, and financial public records. It includes payments for credit cards, loans, mortgages, mobile contracts, and utilities. Lenders check credit files to decide whether to approve applications and what interest rate to offer.

An update to the tax code will enable some car buyers to write off their monthly payments on their taxes this year, with significant caveats for eligibility.

Taxpayers who bought a new car in 2025 can, in some cases, deduct interest on their auto loan. The deduction was created by the One Big Beautiful Bill Act, which also removed taxes on tips and overtime for qualifying workers, and relevant to new car shoppers eliminated a tax credit for buying electric vehicles.

Taking out a loan can feel like stepping into unfamiliar territory. Questions pile up fast. How much can they charge me? What happens if I miss a payment? Can they call my workplace? Here's what most borrowers don't realize. Singapore's Moneylenders Act grants you significant legal protections. These aren't suggestions lenders can ignore. They're enforceable rules backed by the Ministry of Law. Every licensed money lender operating in Singapore follows them. No exceptions.

For years, car dealerships had a terrible reputation. Pushy sales tactics, confusing pricing, and long hours spent negotiating made the entire experience feel more like a battle than a purchase. Like many buyers, I assumed that avoiding dealerships altogether was the smartest way to buy a car, especially as online platforms and direct-to-consumer models gained popularity. Over time, however, my perspective began to shift.

The plaintiffs are represented by Hagens Berman, a consumer protection law firm that was also involved in similar litigation against Zillow and the National Association of Realtors. In a press release announcing the action, the law firm said that Rocket including its affiliates Rocket Mortgage, Amrock Holdings and Rocket Homes Real Estate, which were also named as defendants conspired to pressure clients to use Rocket's mortgage company to finance their purchase.

By the time Dr. Jill Green finished medical school, she'd racked up seven figures in student debt and had virtually zero assets. "My net worth was negative $1 million," the family practice and emergency medicine doctor told Business Insider. "Our primary home was our only asset." Green, who began her career in investment banking before pivoting to medicine, began entertaining the idea of property investing after hearing a physician couple speak at a virtual entrepreneur event for doctors.