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auto loansABC News - With constant talk about the sour housing market and subprime financing woes, little has been mentioned about another trend in financing which is baring its equally vicious fangs — car loans. The issue? The length of the average car loan has soared ... Read more
Recession Rescue: Tackle Your Auto Loan DebtForbes - MIAMI, Feb. 26 /PRNewswire/ -- With the economy slowing, people are increasingly late on their credit payments, including auto loans. Now that consumers have to pay down debt without tapping extra lines of credit, many are finding it difficult to ... Read more
Lease Transfer Service Helps Consumers Avoid Auto RepossessionForbes - Bankrate.com is the leading aggregator of more than 300 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans and online banking fees. Read more
Bankrate: Fixed Mortgage Rates at 4-Month HighForbes - In its Investor Day presentation on Wednesday, the bank detailed ways it has been tightening its lending standards for home equity loans, as well as for auto loans and credit cards. Read more
JPMorgan Chase Details Loan StandardsForbes - SAO PAULO, Brazil, Feb. 26 /PRNewswire/ -- Banco Daycoval S.A. ("Daycoval" or "Bank") (Bovespa: DAYC4), one of the leading middle-market lenders in Brazil and also active in loans to individuals, with significant portfolios of payroll loan and auto ... Read more
Banco Daycoval Announces 4Q07 and 2007 ResultsEconomic Times - It's the car that dominated the Auto Expo this year. The Tata Nano, due for launch in October, has created unprecedented interest in a segment that was so far non-existent, not just in India but across the world. But just what kind of financing ... Read more
Out-of-the-box Nano loans!Portsmouth Herald - According to Briand's suit, she responded to the Spaulding Turnpike auto broker's flier promising to pay off auto loans for trade-in customers who purchased new Mazdas. Read more
Woman: Car dealer, credit firm duped meCourier-Post - Webb blames overly "generous" auto loans in the past couple of years as a key factor in driving up defaults that lead to repossessions. He says the rate might be even higher if employment hadn't remained strong despite the slowing economy. Read more
Repossession lots overflow with reclaimed cars, trucksBirmingham Post - So are those for credit cards and auto loans, as well as the dreaded mortgage-backed securities. HBOS does indeed have some sub-prime loans - £105 million worth, but none bought since 2005, so cushioned with a couple of years of runaway house prices Read more
Why HBOS shareholders can still sleep soundlyForbes - GE Money, based in Stamford, Conn., offers a range of financial products, including private label credit cards, personal loans, bank cards, auto loans and leases, mortgages, corporate travel and purchasing cards, debt consolidation and home equity ... Read more
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