Resources & Articles

Auto Lenders, Rejoice! Americans Pay Car Loans First

Posted on January 6th, 2014

money in the handsIt is no secret that Americans have a number of bills to pay. There is mortgage, utilities and credit cards, among others. Surprisingly, the bill that most people choose to pay first is not included in that list. MSN Money reported that the number one priority for most Americans is their cars. They pay their auto loans first.

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U.S. Auto Sales Get a Boost Thanks to Subprime Loans

Posted on December 18th, 2013

auto lending upThe U.S. auto industry enjoys consistent growth because of the revival of subprime lending. Car sales experienced an upswing as lenders grant more subprime auto loans to consumers.

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Dealers Stand Their Ground on Issue of Dealer Reserve

Posted on December 18th, 2013

NADA logoThe battle against the current auto financing system in the United States continues, as dealers move to defend its lending practice.

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How to Find the Right Auto Loan for You

Posted on December 18th, 2013

right auto loanThis is something all car buyers who will finance their purchase should know: the right auto loan is sought, not given. You have to search for it because it will not be handed to you. Found below are five things you can do to bring you closer to the right auto loan for you.

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Auto Loan Rates Plummet While Financed Amounts and Terms Increase

Posted on December 13th, 2013

ride today loans 32013 seems to be the year for car buyers in the United States. This year, auto loan interest rates hit record low and the sums borrowed are at a five-year high. While this is good news for auto shoppers, it is worrying for industry analysts. The higher amounts financed, along with the longer loan terms availed, are causing concern.

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Auto Dealers Face Scrutiny Over Financing-Related Fees

Posted on December 13th, 2013

ride today loans 2Almost everyone knew that auto dealers earn money from arranging financing for customers, but it was not until recently that customers discovered just how much money dealers get. A recent New York Times article brought to light the excessive amount dealers charge to arrange auto loans by reporting the case of an Oklahoma City car buyer.

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Two U.S. Agencies Investigate Racial Discrimination in Auto Loans

Posted on December 13th, 2013

ride today loans 1The U.S. Department of Justice and the Consumer Financial Protection Bureau (CFPB) are involved in a probe for possible racial discrimination in auto loans. Both agencies have started investigating a group of auto lending institutions.

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2019-11-13
 

 
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