Should I buy an electric car? How to decide in 2025
EV sales are on the rise, but high upfront costs may be limiting.
About the author
Rebecca Betterton, a Certified Financial Education Instructor℠, is a writer for Bankrate who has been reporting on auto loans since 2021. Through her writing, Rebecca aims to provide clarity and accessibility to the automotive loans industry as the cost of financing new and used vehicles continues to climb due to steep inflation.
She specializes in assisting readers in navigating the ins and outs of securely borrowing money to purchase a car, but recently widened her scope to cover personal loans and other debt topics. Prior to her time at Bankrate, she was a social media reporter and copywriter.
When Rebecca isn’t researching recent trends in personal finance, she is an avid runner and a lover of interior design.
EV sales are on the rise, but high upfront costs may be limiting.
Donating your car can help someone in need and result in a tax deduction.
Here’s how to decide whether leasing or buying a car is right for you.
Good credit borrowers should find relief from increased lender competition in 2025.
What can drivers expect of auto loan rates in 2024?
Prepare for high rates of inflation if you plan to buy a vehicle this season.
Different auto loan types suit different types of buyers.
Fed hikes means higher rates — but there are still ways to save.
The total amount you qualify for largely depends on your finances.
These lenders offer home improvement loans even for borrowers with bad credit.
A personal loan is used for financing large purchases or covering major expenses.
The average down payment on a car is on the rise.
Installment loans are a type of financing that has fixed interest rates and are paid back over a set number of months.
You still can snag a personal loan with a low credit score. Here’s how.
Unlike credit cards, installment loans are close-ended debt products.
Calculate your interest payments and determine how much interest you’ll pay overall.