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News Results

Is the EU trying to fix the wrong finance problem?
The ECB will now accept securities backed by residential and commercial mortgages, loans to small and medium-sized firms, car loans and leasing and consumer finances, rated as low as BBB-. (Any rating below that is considered to be junk status.)
CBS News
Brazil's 'Sub Prime' Defaults Rising
It doesn’t matter that Brazil’s benchmark interest rates are at historic lows, last year’s push by the government to extend debt payments for car loans brought in a rash of “subprime” borrowers. Now the banks, from Itau Unibanco (ITUB ...
Bankers: Rethink Risk and Start Lending Again!
The Journal also noted that the trend was ameliorating somewhat with respect to certain kinds of consumer debt, such as car loans and credit cards. Of course, that is precisely what you would expect given the fact that a lender's return on car ...
ABC News
Watchdog website launches for credit card users
In addition to credit cards, the bureau takes complaints about a number of financial products, including student loans, car loans, consumer loans, mortgages, bank accounts and banking services. Patricia Sabatini: psabatini@post-gazette.com or 412-263-3066.
Pittsburgh Post-Gazette
SLADE COLUMN: Car loans are ripe for refinancing
Anyone who bought a new car during the past several years is a potential candidate for a money-saving loan makeover. Car loans are usually short-term arrangements, typically six years or less, so people aren't used to thinking about refinancing them.
The Post and Courier
The high cost of low credit scores
For those with poor scores, credit cards and car loans are the easiest to access, but the premiums may be very high. Credit card issuers charge at least 17% interest rates on average for borrowers with credit scores below 720, according to Card Hub ...
MSN Money
Car Loan Rates Best in Years for All Borrowers
In addition, lower average credit scores, declining interest rates and longer terms since last year are all trends identified in the latest quarterly credit study by Experian Automotive, which also looked at car loans in the first quarter of ...
ECB Relaxes Collateral Rules for Loans
The ECB will now accept certain mortgage-backed securities, car loans and loans to small and medium-sized firms. The measure is seen as an attempt by the ECB to provide much needed liquidity to Spanish banks, which possess a large quantity of ...
Brazil Default Rate at 30-Month High Raises Doubt on Economy
Auto sales plunged 11 percent in April as lenders restricted new credit amid rising default rates on car loans. In May vehicle sales bounced back 11.5 percent following tax breaks. Lower lending rates helped fuel a credit expansion of 1.7 ...
Bad Credit Auto Loans Lenders - CHOSEN Bad Credit Car Loans Online: New Cars, Used Cars
To reduce the rate, one can actually pay back the loan amount in short period of time. Lenders of car loans- loans for buying cars are available not only from banks but there are hundreds of institutions providing such loans to the interested consumers of ...
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