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Financial Consumer Agency of Canada raises concerns about longer car loans

2016-03-09 01:34:55| Auto Dealers - Topix.net

The Financial Consumer Agency of Canada is raising concerns about the growth in long-term car loans which may have lower monthly payments, but cost more in interest. In a report Tuesday, the agency said loans to buy new trucks and cars with terms of more than six years have become a growing trend, posing risks for buyers.

Tags: canada car financial longer

 

US new auto loans on record levels

2016-03-04 16:01:35| Auto Dealers - Topix.net

The average amount of a new-vehicle loan in the United States are higher than ever, according to the latest report from Experian Automotive. The auto market is keeping its upward trend in the United States, even after it reached record levels in 2015.

Tags: auto record levels loans

 
 

Bank of America revs up auto loans business despite warning signs

2016-03-03 12:07:35| Auto Dealers - Topix.net

The bank tapped mortgage executives Matt Vernon and John Schleck to lead the auto lending business last May, saying they would be able to sell auto loans alongside other products such as checking accounts and home equity loans. In interviews, the executives and their boss, D. Steve Boland, who oversees a broad swath of consumer lending, said they still see room for growth from borrowers who have good credit.

Tags: business auto america bank

 

Toshiba shares jump on 'new loans'

2016-03-03 04:53:49| BBC News | Business | UK Edition

Toshiba shares rally more than 10% on reports that the embattled electronics giant is close to securing new loans for its restructuring efforts.

Tags: jump loans shares toshiba

 

Listing of bond loan(s) issued by Swedbank AB on STO Structured Products

2016-03-03 01:11:40| Appliances - Topix.net

Nasdaq Stockholm decides to officially list 1 bond loan issued by Swedbank AB with effect from 2016-03-03. The instrument will be listed on STO Structured Products.

Tags: products listing issued loans

 

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