Auto Loan Category

Banco Do Brasil: Bonus Plans May Have Caused Auto Loan ProblemsNews from Fox Business: SAO PAULO –  A rise in delinquencies on auto loans in Brazil may be explained by incentive programs, but there’s no systemic concern about auto loans in Brazil, according to an official at the country’s largest bank, government-run Banco do Brasil [...]

Auto Loan Rate Deal of the Day: United Services Credit Union at 3.99% APRNews from Go Banking Rates: Old Fort, NC drivers can look forward to incredible savings right in their own city. United Services Credit Union provides an auto loan rate as low as 3.99% APR, which ensures your budget is well taken care [...]

6 sentenced in auto loan scheme

Posted on 3 May 2012 In: Auto Loan

6 sentenced in auto loan schemeNews from ABC NEWS 4: CHARLESTON, S.C. (WCIV) — $ 800,000. That’s the number that has landed five Lowcountry residents in prison. United States Attorney William N. Nettles shared Wednesday that the five men were among seven involved in an auto loan scheme. Sentenced for conspiracy to commit bank fraud [...]

Chrysler to end auto loan deal with Ally FinancialNews from BusinessWeek: By The Associated Press order a reprint digg this save to del.icio.us continues on BusinessWeek … Read the full article . . Beware of company offering auto ‘loan mods’News from U-T San Diego: Can’t afford your auto loan? The BBB offers these recommendations for [...]

US auto-loan bond issuance seen nearing pre-crisis levelsNews from Reuters: By Charles Williams Thu Apr 26, 2012 11:11am EDT NEW YORK, April 26 (IFR) – Auto ABS issuance volumes are expected to come close to touching pre-subprime crisis levels this year and total ABS volumes could set a new post-2008 record, based on the projections [...]

Big banks seek to build on auto loan gains

Posted on 25 Apr 2012 In: Auto Loan

Big banks seek to build on auto loan gainsNews from Automotive News: Jim HenryAutomotive News – April 25, 2012 – 12:01 am ET Some of the biggest banks in auto lending continue to aggressively pursue retail loan business after first-quarter surges. Wells Fargo Dealer Services, for example, reported record auto originations of $ 6.2 billion [...]

TEXT-S&P: US auto loan ABS performance improved in Feb.News from Reuters: Tweet Share this Email Print Related Topics Bonds News » <…………… continues on Reuters … Read the full article . . Consumers warned of auto loan modification scamNews from fox5sandiego.com: SAN DIEGO — A San Diego company is at the center of an ongoing [...]

SBI cuts auto loan rates, Kotak Mahindra and United Bank cut base rateNews from Economic Times: MUMBAI: State Bank of India (SBI) lowered interest rate on auto loan rates and deposit rates but refrained from reducing its base rate- the minimum lending rate on which it pegs interest rates to their borrowers. However others like [...]

RBI repo rate cut to make auto, home loan EMIs cheaperNews from NDTV: Video RBI repo rate cut: Bond yields ease sharply to near 8.30 6:29 EMIs for car, auto and personal loan borrowers will come down as the Reserve Bank announced 0.5 per cent cut in interest rates for the first time in three [...]

SBI to cut auto loan rates by 50 bps, will look at segment-wise cuts: MD …News from Economic Times: In an interview with ET Now, Krishna Kumar, Managing Director, State Bank of India, talks about rate cuts and shares his outlook on the banking sector. Excerpts: Let me start the discussion with something which is [...]