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Car buyers, student loans fuel record U.S. consumer borrowing
2015-10-12 04:50:03| Auto Dealers - Topix.net
Today's Paper, also known as the e-Edition, is an online replica of the printed newspaper. You can view today's paper or previous issues.
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Surge in car loans pushes auto debt above $1 trillion for first time
2015-08-13 21:21:37| Auto Dealers - Topix.net
Robert Schemer, his wife, Kelly, and their son Graham, 9, pose next to their newly purchased pre-owned 2013 Ford Flex Limited, at the Star Ford Lincoln dealership in Glendale on July 2. At right is sales consultant Allan Calix. Robert Schemer, his wife, Kelly, and their son Graham, 9, pose next to their newly purchased pre-owned 2013 Ford Flex Limited, at the Star Ford Lincoln dealership in Glendale on July 2. At right is sales consultant Allan Calix.
Why Auto Loans From Car Dealers Are So Hard to Regulate
2015-06-09 07:07:25| Auto Dealers - Topix.net
When we think about borrowing money, the first thing that comes to mind is how much: How much we need, how much it'll cost, how much we'll have to pay each month and how much time it'll take to get out of debt . Whether the money's for a house, a car, college or for an unpaid credit card balance, these four financial variables-principal, interest rate, payment amount and term-are the fundamental building blocks for loans that are designed to be fully paid off by the time the last check is cashed.
Editors Notebook: Experian Sees Loans Getting Longer, NADA Used Car Guide Follows Industry Analytics Trend
2015-06-04 02:40:58| AutomotiveDigest.com - Automotive Industry News
By Jon LeSage, Editor, Used Car Market Reports Heres a few significant remarketing news developments during the past week: Experian Automotive reported that longer-terms loans have become the norm in the industry for both new and used vehicles reaching 67 and 62 months, respectively. Longer loans with terms lasting 73 to 84 months accounted […] The Article Editors Notebook: Experian Sees Loans Getting Longer, NADA Used Car Guide Follows Industry Analytics Trend appeared first on Automotive Digest.
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Car loans keep getting longer
2015-06-01 19:50:06| Auto Dealers - Topix.net
The percentage of loans with terms of between 73 and 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier. Car loans keep getting longer The percentage of loans with terms of between 73 and 84 months also reached a new high of 29.5% in the first quarter of 2015, up from 24.9% a year earlier.
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longer
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