While it might be tempting to free up cash during the holidays, using bank "skip a payment" offers will cost you.
WASHINGTON— American consumers increased their borrowing by $20.5 billion in October. The category that covers auto loans and student loans was up $12.2 billion, slightly slower than the $13.2 billion rise in September. Borrowing in the category that covers credit cards rose by $8.3 billion, up from a $6 billion increase in September and the strongest showing...
New data show a big decline in the number of subprime auto loans issued in the third quarter.
With dealers eager to unload inventory, Black Friday specials abound.
William Black, Moody’s managing director for the structured finance team, discusses the state of automobile financing and the auto industry on the whole.
BEIJING, Nov 8- China's central bank and the country's banking regulator on Wednesday set the maximum loan ratio for purchasing new energy vehicles for self-use at 85 percent. The ratio for the purchase of new energy vehicles for commercial use is 75 percent, said the notice jointly issued by the People's Bank of China and the China Banking Regulatory...
Nov 3- Wells Fargo& Co is facing litigation over previously disclosed sales problems related to its auto lending and mortgage businesses, the bank disclosed in a regulatory filing on Friday. Wells Fargo disclosed the litigation in its third-quarter financial filing with the U.S. Securities and Exchange Commission. Wells Fargo's problems came to light...
Wells Fargo disclosed the litigation in its third-quarter financial filing with the U.S. Securities and Exchange Commission. Wells Fargo's problems came to light several years ago, but did not get widespread attention until Sept. 9, 2016, when it reached a settlement with three regulators over creating as many as 2.1 million fake accounts as branch employees...
Nov 3- Wells Fargo& Co disclosed in a regulatory filing on Friday that it is facing litigation over previously disclosed sales problems related to its auto and mortgage businesses. The lawsuits include two class action cases alleging violations of federal and state consumer fraud laws, as well as claims brought by former employees who said they were fired for...
Many financial advisors agree that paying off these three big types of debt are a must before you quit work.
If you want a stress free retirement, try to pay off your mortgage, your auto loans and your credit card debt before the day you retire. Contessa Brewer explains.
Consumers are overpaying by an estimated $10.1 billion on auto loans. This new tool will tell you if you can cut your rate.
A lawsuit challenging arbitration rules asks for a compliance delay as congressional action to overturn it stalls.
Used cars are selling, says Robert Johnson, RLJ Companies founder & chairman and BET founder, weigh in on the auto business, car loans, and service. Also Johnson shares his thoughts on Tesla's brand and why they have a good shot at being 'leader of the pack' in the electric car space.
Where you live determines what you'll pay to put a lock on your credit report.
High levels of inventory and new cars on the way is a good sign for shoppers.
Flood and debris damage from Hurricane Harvey could wreck 500,000 vehicles.
Younger buyers taking out auto loans at higher rate than Gen Xers did when they were that age.
Drivers in the market for a new car may not know about gap insurance. Experts say it's coverage to consider.
**NEW YORK- The Federal Reserve Bank of New York issues Q2 2017 Household Debt and Credit Report, an updated snapshot of household trends in borrowing and indebtedness, including mortgages, student loans, credit cards and auto loans- 1500 GMT. LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer...