Latest Car Loans news:

Car loans paid on time in ND, SD
Add car loans to the list of payments that South Dakota and North Dakota consumers are making on time. Credit reporting agency TransUnion said the 60-day auto delinquency rate nationally in the first quarter of the year rose to 0.83 percent, up from 0.65 percent in the same period last year.
Read more News Source - AP via Yahoo! Finance
Publish date - 16:30:03 06/30/09

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Car loans paid on time in ND, SD
(AP:SIOUX FALLS, S.D.) Add car loans to the list of payments that South Dakota and North Dakota consumers are making on time.
Read more News Source - INO News
Publish date - 16:48:46 06/30/09

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Virginia considering regulating car title loans
Virginia is considering putting the brakes on the repo man, but there’s disagreement on how to do it. A General Assembly panel yesterday opened hearings on a possible clampdown on car-title loans, under which borrowers—often with poor credit histories—use their cars as collateral and lose them if they fail to repay. The industry, which typically charges 300 percent to 350 percent in annual ...
Read more News Source - Richmond Times-Dispatch
Publish date - 04:13:51 06/30/09

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Housing finance cos seek parity on CAR
Seeks \parity between HFCs and Banks on CAR requirement, hike in limit of interest on home loan for personal use and increased deduction of principal repayment of home loans
Read more News Source - rediff.com
Publish date - 07:15:28 07/01/09

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Bad loans suck Concord into foreclosure crisis
The City of Concord is no bank. But it's still stuck with nearly a dozen bad home loans, mostly because of the foreclosure crisis. This year the city wrote off $225,308 in loans it made to low-income residents to make home improvements.
Read more News Source - Contra Costa Times
Publish date - 12:46:48 07/02/09

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Abu Dhabi's IPIC fund raises $5 billion in loans
Associated Press - July 2, 2009 5:53 AM ET DUBAI, United Arab Emirates (AP) - A state investment fund in the Emirates capital Abu Dhabi says it has raised $5 billion in loans, a sign that banks...
Read more News Source - Channel 8 San Diego
Publish date - 10:00:29 07/02/09

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Mahindra Navistar tie-up with Bank Of India for car loans
Mahindra Navistar Automotives, the commercial vehicle joint venture between Mahindra & Mahindra and US-based Navistar Inc, today said it has signed a pact with Bank Of India for financing its vehicles.
Read more News Source - Business Standard India
Publish date - 13:42:21 07/02/09

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New car shopping? Why the time is right, and why it's the right thing to do
(ARA) - Highly motivated dealers, offers to make your payments if you lose your job and a wealth of inventory - all make it a great time to buy a new car.
Read more News Source - Carteret County News-Times
Publish date - 17:54:45 07/02/09

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Bad loans suck Concord into foreclosure crisis
A write-off of $225,000 for 2008-09 is more than quadruple the previous year's total.
Read more News Source - Contra Costa Times
Publish date - 20:53:34 07/02/09

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Lawmakers look at car-title lending
RICHMOND | Only about 5 percent of borrowers who fall behind in repaying their car-title loans lose their vehicles, a lawyer representing several of the high-interest lenders told a legislative panel studying the industry Monday. It was the panel's first meeting, but because the lenders are unregulated in Virginia, legislators must rely on attorney Dewey Morris and other industry representatives ...
Read more News Source - The Washington Times
Publish date - 08:59:48 06/30/09

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SBA offers dealership floor plan financing
As of July 1, car, RV and other dealerships can apply for SBA-guaranteed floor plan financing – loans created to make it easier for them to borrow against their inventory and increase cash flow.
Read more News Source - Dayton Business Journal
Publish date - 17:48:36 07/02/09

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Va. legislative panel discusses car title lending
A lawyer representing several car title lenders says that only about 5 percent of borrowers who fall behind in repaying their loans lose their vehicles.
Read more News Source - AP via Yahoo! Finance
Publish date - 19:19:33 06/29/09

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Toyota’s Rating Cut by Fitch Due to Weak Car Demand (Update2)
July 1 (Bloomberg) -- Toyota Motor Corp. , Japan’s biggest carmaker, had its credit rating cut by Fitch Ratings as weak car demand hampers earnings. Fitch downgraded Toyota two notches to A+ from AA, its fifth-highest rating, the agency said in a statement today.
Read more News Source - Bloomberg
Publish date - 03:37:11 07/01/09

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Virginia considering regulating car title loans
Virginia is considering putting the brakes on the repo man, but there’s disagreement on how to do it.
Read more News Source - The Daily Progress
Publish date - 15:22:00 06/30/09

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SBI car loans at 8%
Mumbai, June 27: The State Bank of India today brought down interest rates on car loans to as low as 8 per cent.
Read more News Source - The Telegraph
Publish date - 21:56:18 06/27/09

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