Auto Loans


  • 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.

  • Balances remaining on auto loans have risen by about a third since April 2011, reaching an all-time high of $924.2 billion in August, according to credit reporting bureau Equifax. The Consumer Financial Protection Bureau said in September that it is taking steps to oversee auto lenders that have previously been less regulated, and companies like GM Financial...

  • 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.

  • Credit default rates at post-recession low Tuesday, 20 May 2014 | 1:13 PM ET

    Americans defaulted at the lowest rates last month since before the recession rocked the U.S. economy, according to a new report.

  • 'Best way' to create systemic poverty   Friday, 16 May 2014 | 2:53 PM ET
    'Best way' to create systemic poverty

    Jeff Snider, Alhambra Investment Partners, says the growth in auto and student loan debt are the best ways to create systemic poverty in the U.S.

  • Ally Financial hits the big board   Thursday, 10 Apr 2014 | 10:14 AM ET
    Ally Financial hits the big board

    Ally Financial is debuting on Wall Street. Michael Carpenter, Ally CEO, discusses the company's IPO pricing range and why the bank chose to go public and not sell.