|
Consumers sometimes need professional help to qualify for a loan (Los Angeles Daily News) At a time when even a blemish on a credit report can doom a car loan or a line of credit, consumers are flocking to credit repair companies for help in repairing the damage. us.rd.yahoo.com
Seven Common Credit Myths Dispelled (Carteret County News-Times) (ARA) - With the economy reeling and home loan rates at a nine-month high, lenders are scrutinizing everyone's credit history like never before. Yet, many Americans don't realize the impact of late payments on their credit score and their finances. us.rd.yahoo.com
Credit crisis hitting auto dealerships hard (The Muskegon Chronicle) By Chad D. Lerch and Brian McVicar | In the face of bank bailouts, lending rules are changing. Gone are the days -- possibly for good -- that customers with poor credit can get loans. Likewise, zero down-payment loans will be harder to find. Car dealers in Muskegon and Ottawa counties say the changes don't necessarily mean doom-and-gloom for their industry. But most dealerships are reporting ... us.rd.yahoo.com
Squeeze hits car loans; Local dealers say funds available for good credit (The Pantagraph) The era of easy auto loans is skidding to a halt. Mortgages were among the first consumer products to be hit by the credit-market freeze. Now car loans and leases are drying up as dealers, auto-finance companies and other lenders are having trouble finding money to lend to car buyers. us.rd.yahoo.com
Cars For Girls: THE IN'S & OUT'S OF CO-SIGNING A CAR LOAN (The Auto Channel) An unfortunate thing about being a teenager or a young adult is you're just not always taken very seriously. So attempting to make important decisions, like buying or what's also called financing a car, can be a difficult road to navigate. us.rd.yahoo.com
Program helps get drivers good car loans, rebuild bad credit (The Nashua Telegraph) Every other month Trina Robinson was pouring money into repairs for her 10-year-old Chevy Lumina: $200 here, $300 there for failing ball joints, wheel bearings, struts. The costs -- $3,000 in one year alone -- were eating into her paycheck and running up the credit card bills. ... - By KATHY McCORMACK The Associated Press us.rd.yahoo.com
GMAC Now Officially Requires 700-Plus FICO Score For New Car Loan [Financiapocalypse] (Jalopnik) The Financiapocalypse continues. We just received a copy of an e-mail that went out at GMAC, the lending arm jointly owned by GM and Cerberus, from Barbara Stokel, GMAC's EVP of North American... us.rd.yahoo.com
US Auto Loan Delinquencies On The Rise; $25 Billion Past-Due Study (Nasdaq) DETROIT -(Dow Jones)- Auto loan delinquencies are on the rise as cash-strapped Americans increasingly struggle to repay car and truck loans, according to a study out Monday, the latest sign that the nation's economic woes are bleeding into the automotive finance business. us.rd.yahoo.com
More Money Down Creates Perfect Storm for Auto Industry and Car Shoppers; LeaseTrader.com Reports Rise in Activity as ... (Marketwire via Yahoo! Finance) Consumers are now making larger down payments for vehicles when car shopping because of the tightening credit crunch. Cash-strapped consumers struggling with the current economic slide are finding it harder to shop for a vehicle because of the larger down payments required. us.rd.yahoo.com
Bad for GM, bad for you (The Cincinnati Enquirer) If Wall Street's problems are getting most of the headlines now, debt problems for most of this decade have been posing a large and growing challenge to maintaining a traditional middle-class standard of living for ordinary Americans. us.rd.yahoo.com
|