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Debt Auto Loans

  • Autosales are topping out, meaning they are well-matched for consumer incomes; U.S. economic growth is likely to disappoint in the next few quarters, says Wells Fargo's Margaret Patel.

  • SmartAsset.com ranked the top 10 U.S. states (and, in one case, federal district) whose citizens have the most personal debt.

  • WASHINGTON, April 18- The U.S. Supreme Court on Tuesday appeared skeptical of widening the scope of who can be subject to a federal law targeting debt collectors' abusive practices by including those who buy debt, sometimes for pennies on the dollar. A lower court had dismissed the case brought by four Maryland residents who had defaulted on car loans.

  • Lenders may have helped put the breaks on car sales last month

    Car sales slowed down in March, and it took economists by surprise.

  • April 10- U.S. consumers are taking out debt at a far faster rate than their incomes or the economy are growing, and just as we may be hitting a peak in employment. U.S. consumers have run up over $1 trillion on credit cards, hitting a level not seen since January 2009 and up 6.2 percent from a year ago. Student and auto loans are also at $1- trillion- plus levels and also...

  • US college debt ballooning

    America's college debt is touching new highs.

  • Auto loan defaults are the next subprime fear causing concern among investors

    The latest subprime fear in the auto industry already has investors worried.

  • Cars for sale at a motor dealer in Bristol in the U.K.

    The global financial crisis is still looming but the latest subprime fear in the auto industry has already started to worry investors.

  • Why auto sales have declined

    D.R. Barton, MoneyMorning.com, says an underlying reason for disappointing car sales could be overheated subprime auto loans.

  • DETROIT, March 27- As U.S. auto sales have peaked, competition to finance car loans is set to intensify and drive increased credit risk for auto lenders, Moody's Investors Service said in a report released on Monday. "The combination of plateauing auto sales, growing negative equity from consumers and lenders' willingness to offer flexible loan terms is a...

  • The White House budget blueprint proposes ending the Advanced Research Projects Agency-Energy, or ARPA-e, program, which gives $300 million a year in grants for research in technologies aimed at reducing fossil-fuel consumption and improving energy efficiency. The White House would also eliminate a U.S. Energy Department clean vehicle loan program that...

  • The White House budget blueprint proposes ending the Advanced Research Projects Agency-Energy program, which gives $300 million a year in grants for research in a wide variety of technologies aimed at reducing fossil fuel consumption and improving energy efficiency. The White House would also eliminate a U.S. Energy Department clean vehicle loan program...

  • BEIJING/ HONG KONG, March 10- After a spending spree stretching from hotels to electronics distribution in 2016, Chinese conglomerate HNA Group says it is now investing in financial services, betting on asset managers and consumer finance for growth at home and overseas. The moves reflect a broader push by China into financial services globally as Beijing...

  • Executive Edge: Price gap widens between new and used cars

    CNBC's Phil LeBeau reports the price gap between new and used cars has hit a new all-time high with the average new vehicle loan payment of $506.

  • A customer looks at a Ford F-150 pickup truck in Brandywine, Maryland.

    In the fourth quarter, the average amount borrowed to pay for a new vehicle jumped more than $1,000 to hit a total of $30,621.

  • NEW YORK, Feb 16- More Americans fell behind on their car loan payments in the fourth quarter, bringing auto delinquencies to their highest since the height of the financial crisis, Federal Reserve Bank of New York data released on Thursday showed. Car loans delinquent by 30 days or more grew to $23.27 billion, the most since $23.46 billion in the third quarter of...

  • NEW YORK, Jan 19- Paying back your student loans is hard enough. The Consumer Finance Protection Bureau shed some light on how harrowing this process can be for borrowers on Wednesday when it announced a massive lawsuit against the largest servicer of student loans, Navient, for "systematically and illegally failing borrowers at every stage of repayment."

  • NEW YORK, Jan 19- Paying back your student loans is hard enough. The Consumer Finance Protection Bureau shed some light on how harrowing this process can be for borrowers on Wednesday when it announced a massive lawsuit against the largest servicer of student loans, Navient, for "systematically and illegally failing borrowers at every stage of repayment."

  • NEW YORK, Jan 13- The U.S. Supreme Court on Friday agreed to decide whether firms collecting on debt they bought for pennies on the dollar can be held liable in lawsuits brought by debtors they targeted under a federal law cracking down on debt collectors' abusive practices. Four Maryland residents who defaulted on car loans filed a proposed class action lawsuit...

  • Globe with market prices

    WalletHub released 10 financial predictions for 2017 to prepare you for the opportunities and challenges in the year ahead.