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Subprime Loans Can Be Great if Done the Right Way
2013-07-23 21:58:10| AutomotiveDigest.com - Automotive Industry News
Subprime loan car shoppers are choosing used cars over new cars by an almost 2-to-1 margin, according to Experian Automotive. In Q1 of this year, 63.2% of loans were for used cars, and the average loan amount was $17,532, Experian said for new cars, the average loan during that time was $26,648. Lenders and dealers are doing better with subprime loans today than in five years ago but there are some serious challenges. One of these has been vehicle repossessions, which were up significantly in the first quarter, Experian Automotive said. Credit scores are not the only thing to look at better manage risk. Read more about whats working for creditors and dealers in making subprime loans a great channel to see revenue growth in a way that works for all parties involved in the transaction. The Article Subprime Loans Can Be Great if Done the Right Way appeared first on Automotive Digest.
Chinese minister confirms carbon tax is on its way
2013-07-22 13:40:00| Climate Ark Climate Change & Global Warming Newsfeed
BusinessGreen: China's strategy for combating climate change will at some point include a tax on greenhouse gas emissions, according to the country's finance minister. Lou Jiwei told delegates at China-US Strategic and Economic Dialogue last week that China would expand environmental taxes to include carbon "in due time", according to news agency Thomson Reuters Point Carbon. The annoucement follows the publication of a document earlier this year by the Ministry of Finance detailing a new tax regime designed...
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Adobe's PhoneGap 3.0 smooths the way for plug-ins
2013-07-22 12:00:00| InfoWorld: Top News
PhoneGap, Adobe's open source mobile application development framework, has been upgraded with a streamli
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plugins
adobes
phonegap
The giant black hole at the center of the Milky Way is murdering a huge gas cloud
2013-07-18 19:16:37| Extremetech
The supermassive black hole at the center of our galaxy is tearing apart a huge cloud of gas while astronomers look on in rapturous joy.
New Intel CEO reiterates: $300 laptops on the way
2013-07-18 00:47:42| CNET News.com
Intel is going to focus more on its mobile Atom chips and push into low-cost markets, its new chief executive says. [Read more]
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