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The color of your skin may matter more than your credit history in terms of what kind of deal you’ll be offered in shopping for a vehicle. Non-white car shoppers.
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Car buyers borrowed a record amount in 2014. Drivers are borrowing more than ever to buy cars, fueling the jump in auto sales last year. Figures from two consumer credit tracking firms, Experian and TransUnion, show record.
Philanthropic organizations do a huge amount of good, but most people have to take care of their own financial needs,
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(Bloomberg) — As automakers seal their first annual U.S. sales decline since 2009, expectations for more interest-rate hikes are contributing to the nearly.
DETROIT – Car salesmen call it “the payment walk,” when a customer wants a new vehicle but is walked instead to the used lot because they can’t qualify for a new-car loan. With the Federal Reserve seemingly bent on more interest.
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Reversing a long-term trend in the auto industry for the second quarter in a row,
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Longer car loans helped lift the auto industry after its slump nearly. Car dealers say Cordray is the problem: Asked to respond, the National Automobile Dealers Association told cleveland.com it found it odd that Cordray says he wants.
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and Certain High-Cost Installment Loans’ and such rule shall have no force or effect.” Significantly, H.J. Res. 122 includes Democratic co-sponsors. The measure is currently being considered by the House Financial Services.
3 Reasons to take out a loan for your new (or used) car instead of paying in full with cash. Gotta consider all angles, though!
A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral. A mortgage loan is a very common type of loan, used by many.
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Prime credit buyers make up 61 percent. The rest are in a middle category called nonprime, according to Experian. Auto loans on average have risen at a slower.
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ROLLING a car loan into a mortgage is one way to pay it off at a lower. Mortgage Choice spokeswoman Jessica Darnbrough said home loans have always been.
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Chennai: Car loan growth is speeding faster than new car sales. Over a period of five years since 2013, the overall loan growth in car financing has clocked a CAGR( compounded annual growth rate) of 18.3% with top financiers like.
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JPMorgan Chase announced Thursday (Jan. 11) that it inked a partnership with AutoFi, the FinTech auto lending company. In a press release, Chase said that.
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Short-term lenders, seeking a detour around newly toughened restrictions on payday and other small loans, are pushing Americans to borrow more money than they often need by using their debt-free autos as collateral. So-called auto.