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Tag: car loans
Covid: Finance firm refusing car loans to hospitality sector
2020-11-03 01:09:40| BBC News | Business | UK Edition
One company has written to car dealers saying it will not now lend to people working in the pub industry.
Car buyers overcharged 1,000 by dealers for loans, says watchdog
2019-03-04 08:55:06| BBC News | Business | UK Edition
A probe by the City watchdog into the car finance market reveals overcharging by motor dealers.
Unpaid subprime car loans hit 20-year high
2016-03-15 18:55:42| Energy - Topix.net
The rate of seriously delinquent subprime car loans soared above 5 percent in February, according to a Fitch Ratings review of loans that are packaged and resold on Wall Street. That's worse than during the Great Recession and the highest level since 1996.
Unpaid subprime car loans hit 20-year high
2016-03-15 18:34:00| Oil & Gas - Topix.net
The rate of seriously delinquent subprime car loans soared above 5 percent in February, according to a Fitch Ratings review of loans that are packaged and resold on Wall Street. That's worse than during the Great Recession and the highest level since 1996.
Car loans hit $1 trillion for first time
2015-11-16 11:26:36| Auto Dealers - Topix.net
The loan balances have been driven up by a combination of three factors -- strong car sales, rising car prices and low interest rates. "There are a lot of lending choices for consumers, a lot more competition," said Jason Laky, automotive business leader at credit agency TransUnion, which reported the record level of car loans.