Auto Loans


  • AutoNation CEO: Sales increase all in trucks   Wednesday, 3 Dec 2014 | 10:23 AM ET
    Employees cheer as the first 2015 Ford F-150 truck rolls off the production line at the company's Dearborn Truck Assembly facility in Dearborn, Michigan, Nov. 11, 2014.

    With auto sales accelerating, Mike Jackson, AutoNation CEO, breaks down their strong auto sales numbers for November and provides his forecast for 2015.

  • Planes & autos consumer check   Monday, 1 Dec 2014 | 1:28 PM ET
    Planes & autos consumer check

    CNBC's Phil LeBeau provides insight to the impact, if any, of lower jet fuel costs to airline customers, and cheaper gas to the auto industry. He also discusses why shares of Tesla are down.

  • Record loans by car buyers   Monday, 1 Dec 2014 | 8:20 AM ET
    Record loans by car buyers

    The buyers of new and used cars are borrowing record amounts of loans, reports CNBC's Phil LeBeau.

  • Oct 30- General Electric Co is in early stage talks to sell its stakes worth more than $1 billion in its South Korean auto-financing and credit card businesses, the Wall Street Journal reported, citing people familiar with the matter. The sale would unwind a partnership that began 10 years ago between GE and Hyundai Motor Co. GE is in talks with Hyundai, which has a...

  • How to avoid overpaying for your car loan Tuesday, 14 Oct 2014 | 5:45 PM ET
    Buying a car

    "You really need to shop for the loan before you shop for the car," one consumer advocate says.

  • No auto loan bubble: AutoNation CEO   Thursday, 2 Oct 2014 | 6:33 AM ET
    No auto loan bubble: AutoNation CEO

    Mike Jackson, AutoNation chairman & CEO, weighs in on the role of sub-prime auto loans in the marketplace.

  • Courts rule on Fannie & Freddie   Wednesday, 1 Oct 2014 | 12:46 PM ET
    Courts rule on Fannie & Freddie

    A DC Federal Judge dismissed investor lawsuits related to Fannie Mae and Freddie Mac profits. CNBC's Kate Kelly says the ruling is a major potential blow to smart money involved.

  • Next lending crisis?   Wednesday, 1 Oct 2014 | 12:44 PM ET
    Next lending crisis?

    Some investors are warning a wave of auto loan defaults could lay ahead, reports CNBC's Kate Kelly.

  • New debt crisis fear: Subprime auto loans Wednesday, 1 Oct 2014 | 12:18 PM ET
    Ford Focus

    Investigations into lending practices and concerns about the exits of investors have some warning that trouble could lie ahead.

  • Miss a payment? Good luck moving that car Thursday, 25 Sep 2014 | 7:55 AM ET
    Auto Loans application

    Subprime lenders are increasingly relying on technology that allows them to track and disable delinquent borrowers’ vehicles.

  • Fed keeps rates low, but brace for the inevitable Thursday, 18 Sep 2014 | 7:47 AM ET

    Record-low interest rates will be around for at least a few more months, the Federal Reserve made clear Wednesday. Enjoy easy money while it lasts.

  • Debt-averse millennials steer clear of credit cards Monday, 8 Sep 2014 | 12:01 AM ET
    Millennial with credit card

    Individuals aged 18-29 are less likely to own a credit card than any other age group, according to a new Bankrate.com study.

  • Car dealers dealing out more subprime loans   Wednesday, 20 Aug 2014 | 4:14 PM ET
    Car dealers dealing out more subprime loans

    More Americans are falling behind on auto loans. CNBC's Phil LeBeau reports 19.6 percent of auto loans are subprime or deep subprime.

  • Q2 auto loan trouble   Wednesday, 20 Aug 2014 | 1:01 PM ET
    Q2 auto loan trouble

    CNBC's Phil LeBeau says subprime auto loans surged in Q2, according to Experian.

  • Americans begin to struggle with auto loans   Wednesday, 20 Aug 2014 | 8:19 AM ET
    Americans begin to struggle with auto loans

    Experian Automotive's Q2 report show a significant 70 percent increase in the rate of auto repossessions, reports CNBC's Phil LeBeau with a look at the recent data.

  • US subpoenas GM Financial over subprime loans Monday, 4 Aug 2014 | 12:40 PM ET
    General Motors GM

    GM received a subpoena from the US Department of Justice requesting information about the company's use of subprime automobile loan contracts.

  • Raising the red flag on subprime auto loans   Friday, 25 Jul 2014 | 4:33 PM ET
    Raising the red flag on subprime auto loans

    CNBC's Phil LeBeau; John Berlau, The Competitive Enterprise Institute; and the "Closing Bell" panel discuss if the rise in subprime loans will trigger another crisis.

  • Wells Fargo CEO bullish on autos   Thursday, 17 Jul 2014 | 7:49 AM ET
    Wells Fargo CEO bullish on autos

    This will be the best auto year probably in the last eight or nine years, predicts John Stumpf, Wells Fargo CEO, sharing his expectations on the auto industry. And AutoNation's Mike Jackson, weighs in.

  • Bank of America to lower threshold for rewards Monday, 23 Jun 2014 | 5:31 AM ET
    Bank of America

    Bank of America will announce it will lower the threshold for consumers who qualify for discounts on loans and other benefits.

  • Auto loan average length surges   Monday, 2 Jun 2014 | 3:47 PM ET
    Auto loan average length surges

    CNBC's Phil LeBeau reports on the new ways customers are financing their vehicles.