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Tag: auto loans
Auto, consumer durables stocks rise on cheaper loans by banks
2013-10-04 12:04:36| Automakers - Topix.net
Stocks of auto and consumer durables saw huge demand today, gaining as much as 8 per cent, in the wake of the government deciding to enhance capital infusion into the PSU banks to enable them provide cheaper retail loans.
Tags: auto
consumer
rise
loans
Attitudes Toward Subprime Auto Loans Improving
2013-05-08 00:35:24| AutomotiveDigest.com - Automotive Industry News
Subprime mortgages caused big problems in 2008 and 2009 and subprime auto was tainted because it shared the same name, said Greg Goebel, CEO of Used Car University. Ill-informed people might see parallels, said Jack Tracey, executive director of the National Automotive Finance Association. Informed sources, such as rating agencies and credit bureaus, take a [...]The Article Attitudes Toward Subprime Auto Loans Improving appeared first on Automotive Digest.
Tags: auto
loans
improving
attitudes
Feds Scrutinize Auto Loans For Racial Discrimination
2013-05-01 05:01:45| Auto Dealers - Topix.net
Claiming racial discrimination in auto lending, the Consumer Financial Protection Bureau is taking aim at one of the sacred cows of auto retailing, where dealerships in effect mark up the customer's interest rate on an auto loan and share the profits with the lender, potentially to the tune of hundreds of dollars per loan.
Tags: auto
loans
discrimination
racial
Are Subprime Loans Fueling Auto Sales?
2013-04-27 17:10:17| Auto Dealers - Topix.net
A new report suggests that the Dodge Avenger may be especially popular with subprime new-car buyers.
Tags: auto
sales
loans
fueling
Complete Auto Loans Presents New Projections- Used Car Sales Projected To Rise In 2013
2013-04-06 17:24:58| Auto Dealers - Topix.net
A recent survey done by leading members in the used auto loans market recently shows that dealers are very optimistic about the trend in used car sales.