WOM Finance records 3% drop in auto loans
PT Wahana Ottomitra Multiartha (WOM) Finance, which provides loans to purchase vehicles, recorded in the first quarter of 2011 a 3 percent drop in the amount of loans disbursed. View full post on All Stories
Consumer credit up 3% in March
WASHINGTON (MarketWatch) — Consumer credit grew at an annual rate of 3% in March, or by $6.02 billion, according to the latest data from the Federal Reserve released Friday. Revolving credit, which includes credit cards, rose 2.9% and nonrevolving credit, like student and auto loans, increased 3%. The gain in revolving credit was only the [...]
Buyers may be in driver’s seat for car loans, deals
DETROIT — As car buyers head back into dealerships after a two-year drought, they’re being greeted by rock-bottom interest rates on auto loans, eye-popping lease deals and a renewed willingness to lend to people with spotty credit. View full post on All Stories
RBI credit policy: Home, auto loans to cost more; say bankers
Revision in rates by banks would happen in April when the new fiscal year begins. RBI hiked repo and reverse repo rate by 25 bps. View full post on All Stories
Financing getting easier for buying new car
As car buyers head back into dealerships after a two-year drought, they’re being greeted by rock-bottom interest rates on auto loans, eye-popping lease deals and a renewed willingness to lend to people with spotty credit. View full post on All Stories
Americans saving more, climbing out of debt
WASHINGTON – The recession that just rocked the U.S. economy happened in part because Americans were borrowing and spending more than they could afford. Now, three years after the downturn began, American families are moving faster than many analysts had expected to put their finances in order by paying down debts and boosting their savings. [...]
CUs prominent in Good Morn. America’s savings advice
Credit unions were given prominent mention as a good resource for consumers looking to refinance their home mortgages to obtain better interest rates or to procure auto loans in a recent segment of ABC’s Good Morning America . View full post on All Stories
Post Bankruptcy Auto Loans With Is Easy Now Of No Credit Too
You may have the question around you whether is it possible to acquire an after bankruptcy auto loans. The answer is yes you can get a car loan but it depends on how long it has been since you have filed the bankruptcy. When you think of getting car loan after a bankruptcy then you [...]
Bankcards leading the trend in new credit growth
Ayinde O. Chase – AHN News Editor Atlanta, GA, United States (AHN) – Bankcards continue to lead the pack in regards to new credit into the market. The figures reported in an Equifax monthly credit trend report also reveal that in November credit delinquency rates continued to fall. Total consumer debt reflecting mortgages, auto loans, [...]
Use Online Rate Tables to Find Great Rates, Protect Personal Information, Says Informa Research Services
CALABASAS, Calif.–(BUSINESS WIRE)–Recently, the computer security experts at McAfee published a list of the top ten riskiest places to give your social security number. Many of the places were surprising, with the top five places including hospitals, state and local governments, financial institutions, and universities. Luckily, finding great rates on mortgages, credit cards, savings accounts, [...]
