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20 March 2011 ~ Comments Off

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

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17 March 2011 ~ Comments Off

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

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16 March 2011 ~ Comments Off

Pontiac backers hope city’s 150th anniversary celebration can kick off a year of renewal

Some say Pontiac’s glory days are over for a town with padlocked auto plants, 23.9% unemployment and an ebbing population that has dwindled since 1970. View full post on All Stories

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13 March 2011 ~ Comments Off

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

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01 February 2011 ~ Comments Off

Infineon hikes outlook on auto, industrial growth

FRANKFURT (Reuters) – German chipmaker Infineon on Tuesday raised its outlook for its fiscal year through September 2011, anticipating strong growth in its automotive and industrial divisions. … View full post on All Stories

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28 December 2010 ~ Comments Off

Ally Financial To Pay $462 Mln To Settle Fannie Mae Repurchase Claims – Update

Auto and home lender Ally Financial Inc. (GJM), formerly known as GMAC, said Monday that its mortgage unit, Residential Capital LLC reached a $462 million settlement to resolve repurchase claims by mortgage giant Fannie Mae (FNMA.OB) on $292 billion in home loans. View full post on All Stories

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08 December 2010 ~ Comments Off

BSE Sensex falls 1 pct; banks slip, oil firms up

The BSE Sensex slipped 1 percent on Wednesday as high world oil prices sparked concerns of a possible increase in domestic auto fuel prices that could stoke inflation. Banking shares fell for a third successive day on worries rising lending rates in the sector would affect demand for loans, while a sharp increase in deposit [...]

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01 December 2010 ~ Comments Off

Canadians Improve Credit Card Payment Record In Q3

AHN News Staff Toronto, Ontario, Canada (AHN) – Canadians improved their credit card and auto loan payment records for the third quarter of 2010. According to credit analysis company TransUnion, credit card delinquency rates in the country went down to 0.34 percent in Q3 from 0.38 percent for the same quarter last year. Auto loan [...]

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01 December 2010 ~ Comments Off

Canadians Improve Credit Card Payment Record In Q3

AHN News Staff Toronto, Ontario, Canada (AHN) – Canadians improved their credit card and auto loan payment records for the third quarter of 2010. According to credit analysis company TransUnion, credit card delinquency rates in the country went down to 0.34 percent in Q3 from 0.38 percent for the same quarter last year. Auto loan [...]

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22 November 2010 ~ Comments Off

Bad Credit or No Credit Guaranteed Approval Auto Loans Online

What are guaranteed Auto Credit Loan?These kinds of loans are normally offered in the used car industry these days. You would have come across advertisements of them on TV and roadside billboards and would be hearing on loud radio ads for them. Many of the advertisements say something between the lines of “Bad Credit Is [...]

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