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Equifax Sees 20% Jump in 1Q Auto Lending

ATLANTA (Source: Forbes by Associated Press) – Auto loans for U.S. consumers rose 20 percent during the first three months of the year compared with the same period 2010, according to credit reporting agency Equifax Inc.


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6 Ways To Cut The Cost Of Your Car Loan

1. Tighten Up Your Credit (Source: Forbes) – The terms of your loan are based on your credit score. If you have perfect credit, you receive the lowest possible interest rate. If you don’t, you have to pay more because [...]


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More Motorists Are Paying Off Their Auto Loans

(Source: By Chris Woodyard, USA TODAY) – Even as housing continues to struggle, motorists appear to be making progress in paying off their car loans.


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Ally Financial Bets on Risky Subprime Car Loans

(Source: Reuters By David Henry) – Ally Financial Inc, the United States’ largest maker of car loans, hopes that people have forgotten the time when “subprime” became a synonym for “disaster.”


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The Truth Behind Chrysler’s Fake Auto Bailout Pay Back

(Source: SFExaminer By: Conn Carroll) – It is not every day that the White House and Democratic National Committee  celebrate a supposedly private company’s debt restructuring plan, but such is the marriage of big government and big business under the [...]


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State Sues Auto Title Lender

(Source: Milwaukeenewsbuzz) – An auto title loan company based in Milwaukee misled customers when it sold them memberships for a Tennessee-based auto club, the office of Wisconsin Attorney General J.B. Van Hollen is alleging.


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Auto Refi Not a Savings Driver

(Source: By Susan Tompor, McClatchy-Tribune) – NewsCutting out a string of cafe lattes could easily save you $15 or $20 a month. So could cooking pasta instead of grilling a couple of nice steaks.


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Auto Sales Face a Rough Summer. Subprime Loans to the Rescue!

(Source: BNET By Matthew DeBord) – With LinkedIn’s (LNKD) gangbusters IPO, there’s a lot of talk about whether we are or aren’t experiencing a new tech bubble. The very concept scares people, as it evokes memories of Pets.com. But there [...]


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AG Van Hollen: Seeks Authority to File Suit Against Auto Title Loan Company

MADISON (Source: wisbusiness) — On Wednesday, May 18, 2011, Wisconsin Attorney General J.B. Van Hollen filed a Motion to Intervene into a Milwaukee County Circuit Court case against an auto title loan company, Community Loans of America (“CLA”), for violations [...]


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Chrysler to Repay $7.5B Loans by Next Week

(Source: United Press International) – Chrysler Group LLC has deals pending that could allow it to repay the U.S. and Canadian governments $7.5 billion early next week, sources told The Detroit News.


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Marylanders can’t go to Virginia to take out high-cost car-title loans

(Source: By Eileen Ambrose, The Baltimore Sun) MARYLAND -  Don’t do it, Virginia! Our neighbor to the south is weighing legislation that would allow lenders there to make car-title loans with triple-digit interest rates to consumers in Maryland and other [...]


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Rates on new-car loans at historic low

(Source: By Dan Gearino, The Columbus Dispatch, Ohio) –First, a math lesson: It is impossible to get an auto loan for less than 0 percent interest. If it were possible, though, it would happen about now, when interest rates are [...]


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