The federal agency that protects consumers against unfair car loans has issued a warning.
Several auto lenders are being investigated for discriminating practices against consumers who obtained auto loans.
While there is a slight rise in consumers that are 60-days late on car loans, the market is still relatively stable.
It’s continuing to get easier to obtain a car loan or car lease with not-so-good credit, says Experian.
Interest rates will remain painfully low for savers, while borrowers who qualify will find the mortgage rates of a lifetime. Credit card rates will remain low, as will car loan rates.
This week a friend asked me why consumers should care about what the Federal Reserve does. It’s a fair question; there’s plenty of economic news a consumer can ignore and pretty much be fine. The beginning of a housing slowdown in China or the stock performance of Apple don’t really have that big of an
The number of consumers who are considered delinquent on their car loan payments is expected to decrease early next year and then rise slightly, ending 2012 at the same rate as this year, according to TransUnion. Delinquent auto loan payments are defined as car payments that are 60 or more days past due. TransUnion’s annual
Coming to the end of your car lease? Ann Carrns of the Bucks blog at the New York Times has an idea: The recent rise in used-car prices may provide a lucrative opportunity for those with leases to come out ahead of the game. That’s because dealers set a so-called residual price when they lease
Sometimes in the car-buying process, you have to decide whether to keep looking for the perfect car, or go ahead and settle down with the best option available. If you’re having a particularly tough time finding that ideal auto right now, you’re not alone. Conditions on both the supply and demand ends of the auto market
Recently Chrysler announced a new incentive for buyers that will cover their first two months’ worth of car payments and allow them to return vehicles they don’t like. The incentive applies to all Chrysler vehicles except the Dodge Viper and the Jeep Wrangler. On the surface, it sounds pretty tempting. In my experience, a lot