*General Electric's Swiss unit sets share sale price range. ZURICH, Oct 16- General Electric's flotation of its GE Money Bank is expected to value the Swiss consumer finance business at up to 1.53 billion Swiss francs, in a further step in the U.S. firm's retreat from the finance sector.» Read More
WASHINGTON/ DETROIT, Sept 3- Democratic proposals to widen the scope of the U.S. Department of Energy's loan program for advanced cars could falter in the face of Republican opposition in Congress.
*Low delinquency rates encourage lending- research firm Experian. U.S. banks made 36 percent of their car loans to subprime borrowers in the second quarter, up from 34 percent a year earlier, according to data from Experian Plc, which tracks credit information as well as data on nearly 700 million vehicles in North America.
Renaud Laplanche, CEO of Lending Club, discusses the growing trend among some consumers to bypass banks and borrow money directly from individuals.
Ezra Becker, TransUnion, provides an overview of the U. S. consumer credit landscape, including a look at credit card use, mortgage lending, student loan volumes and auto lending.
David Dietze, President & Chief Investment Strategist at Point View Wealth Management, says that investors should not get into Tesla Motors as the stock is just too expensive.
The percentage of auto loans that are past due is rising due to subprime borrowers, reports CNBC's Phil LeBeau.
With more cars on the lot this year, the summer auto sale are likely to be back in full force. But not every deal is a steal. Consumers will need to shop wisely.
The Consumer Financial Protection Bureau expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the WSJ reported.
Six- and seven-year loans are becoming an increasingly popular choice — and some lenders will even stretch that out to eight years. These long-term loans allow buyers buy the vehicle they want, but it also costs them more.
A report suggests 20-somethings living in their parents' basement may take after the thrifty, debt-averse survivors of the Great Depression.
CNBC's Phil LeBeau breaks down the costs of the electric automaker's new financing program.
At car dealers across the United States, loans to subprime borrowers are surging — up 18 percent in 2012 from a year earlier, to 6.6 million borrowers. And it's the Federal Reserve that's made it all possible.
CNBC's Phil LeBeau has the details on a new finance program that could boost sales for the electric car company.
Mike Jackson, Chairman & CEO at AutoNation, reports his company's monthly sales numbers; and discusses Tesla's new auto financing program.
Median-income families in only one major U.S. city actually can afford to buy a new car, a new study finds.
Mike Jackson, AutoNation chairman & CEO, discusses his company's robust sales numbers and what it says about the state of the auto industry. "The American consumer is moving on with their life," Jackson added.
CNBC's Kayla Tausche reports consumers are having an easier time getting loans due to competition in the market.
A wider range of car buyers in America were able to take out loans and finance their purchase, according to a new report from Experian Automotive.
As more Americans go into dealerships to buy a new car or truck, they are increasingly stretching out their auto loans to at least five years in length, and often to six and seven years.
Michael Farr, Farr, Miller & Washington, offers insight on the "buy now, pay later" society.