Leasing, Loan Amounts Up; Credit Scores Down
“While consumers can save an average of $84 per month by leasing rather than taking out a loan on a new vehicle, they should make sure leasing fits their lifestyle. “Oftentimes there are mileage caps and other considerations that consumers should ...
US consumers stretch out auto loans to afford higher-priced cars
Auto sales boom leans on leasing and longer loans
More Americans Taking Longer Auto Loans Help Keep US Industry Roaring
KTNV Las VegasContact 13: How to spot a loan scam
KTNV Las Vegas
She applied for a loan online, and says her information was sent to a number of companies. It didn't take long for her to get this text message, telling her she was approved for up to $8,000. "That's where they get you," says Ellen. They eventually ...
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Credit data changes spur loan growth
Automotive News (blog)
The rising number of auto loans could in part be a result of changing credit scoring methodologies and the use of alternative data. Credit bureau data consistently show that auto loan balances and originations are growing. Experian says total auto loan ...
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FortuneStudent Loan Paradox: Small Loan Balances are More Likely to Be Delinquent
The debate over the nation's ballooning student debt often spotlights borrowers with disproportionally high loan balances. A New York Times story on Monday, for instance, profiled a woman who owes the federal government a staggering $410,000 in debt.
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Huffington PostThe Obama Administration Wants To Bypass Student Loan Servicers
The Department of Education soon will allow Americans with federal student loans to bypass the department's contractors and make payments directly to the government, avoiding loan servicers accused of routinely mistreating and misleading borrowers.
ReutersVW agrees on terms of 20 billion euro bridge loan: sources
The sources said Volkswagen (VW) hoped its bonds would have returned to more normal levels by next spring, allowing it to issue debt and repay the bridging loan. The loan and subsequent bond placements will likely cost VW about 150 million euros in ...
Volkswagen is getting a $21 billion loan to help shoulder the costs of the ...
VW secures loan to cover 'dieselgate' costs
Volkswagen 'agrees loan' to cover emissions scandal costs
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