Auto
Introducing the 97-Month Car Loan
Last month Nakisha Bishop took out a loan to buy a $23,000 Toyota Camry and pay off several thousand dollars still owed on her old car. The key to making it work: she got more than six years—75 months ... More »
The Wall Street Journal - Mon, Apr 8, 2013 9:05 PM EDT
Special Report: How the Fed Fueled an Explosion in Subprime Auto Loans
By Carrick Mollenkamp JASPER, Alabama (Reuters) - Thanks largely to the U.S. Federal Reserve, Jeffrey Nelson was able to put up a shotgun as down payment on a car. Money was tight last year for the school-bus driver and neighborhood constable in Jasper, Alabama, a beaten-down town of 14,000 people. One car had already been repossessed. Medical bills were piling up. ... More »
Reuters - Wed, Apr 3, 2013 11:31 AM EDTEdmunds.com Provides Tips to Help Car Buyers Avoid Unnecessary Credit Checks
Extraneous credit checks could put an unnecessary dent in a credit score. That’s why Edmunds.com, the premier resource for car shopping and automotive information, advises car buye More »
Business Wire - Mon, Mar 18, 2013 1:13 PM EDTAlly Financial Announces Renewal of $11 Billion in Credit Facilities
DETROIT, March 15, 2013 /PRNewswire/ -- Ally Financial Inc. today announced that it has completed the renewal of $11 billion in credit facilities at both the parent company and at its banking subsidiary, ... More »
PR Newswire - Fri, Mar 15, 2013 10:30 AM EDTMust I still pay my charged-off car loan?
Dear Driving for Dollars,I have an old auto loan I was trying to make payments on, but the company recently charged it off. Can they continue to charge interest if they have it charged off as a bad debt?-- ... More »
Bankrate.com - Fri, Mar 15, 2013 3:00 AM EDTAffordable Car Loans Become a Reality For Individuals With Poor Credit or No Cre …
A poor credit rating or a lack of credit entirely is no longer a deterrent to getting an auto loan. Prescott Financial offers a variety of auto loans on bestautolenders.com, and they will not refuse a ... More »
Marketwired - Thu, Mar 14, 2013 3:30 PM EDTAuto loan rates for March 14, 2013
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best auto rates in your area. Auto Loans 4.08% (60-month, new car) 4.68% (36-month, used car)Auto loan rates were mixed ... More »
Bankrate.com - Thu, Mar 14, 2013 3:00 AM EDTDiffering car loan rates for the same car?
Dear Driving for Dollars,I have been car shopping and I visited two different dealerships, inquiring about the exact same car -- same model, engine, options, etc. Each dealer gave me a different monthly ... More »
Bankrate.com - Fri, Mar 8, 2013 3:00 AM ESTAuto loan rates for March 7, 2013
Interest Rate Roundup Mortgages CDs Auto Loans Home Equity Credit Cards Find the best auto rates in your area. Auto Loans 4.09% (60-month, new car) 4.68% (36-month, used car)Auto loan rates were down slightly ... More »
Bankrate.com - Thu, Mar 7, 2013 3:00 AM ESTLoansForPoorCredit.net New Research Suggests Obtaining Auto Loans is Becoming Ea …
ORLANDO, Florida, March 5, 2013 /PRNewswire/ --With great relief and surprise, millions of Americans are discovering that borrowing money to buy a car is becoming significantly more straightforward. Equifax ... More »
PR Newswire - Tue, Mar 5, 2013 9:00 AM ESTAmid New Car Boom, Used Cars Are Gold
A few weeks ago, Justin Severson put an ad on Craigslist to sell his 13-year old Honda, and within a few minutes an eager and unexpected buyer was on the phone—a local auto dealer named Doug Waikem. Tim ... More »
The Wall Street Journal - Thu, Feb 21, 2013 12:46 PM ESTWhat if I pay off my car loan early?
Dear Driving for Dollars,How will paying off my car loan affect my credit score? What if I pay it off early? Does that make a difference?-- Michael Dear Michael,It's a common misconception that paying ... More »
Bankrate.com - Fri, Dec 14, 2012 5:00 AM EST
- Are Student Loans Destroying the Economy?
Reuters Recoveries are powered by two things. Houses and cars . And young people aren't buying either. That's the conclusion from a new study out of the New York Fed , via Brad Plumer , that can be easily ...