TransUnion Predicts Auto Loan Lending and Delinquency Rise in 2014
According to a TransUnion report, 2014 will be a year of increases in both auto loan lending and payment delinquencies. The average automotive debt per…
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According to a TransUnion report, 2014 will be a year of increases in both auto loan lending and payment delinquencies. The average automotive debt per…
→ Read MoreThe CFPB is gearing up to change lending rules for auto loan lenders in 2014. The Bureau alleges that dealer reserve, which is a kickback…
→ Read MoreAccording to a recent Experian report, the nation’s auto loan balance has reached a new peak of $782.9 billion. This is an increase of $103…
→ Read MoreThe total amount of auto loan debt reached historic highs this fiscal quarter according to a report by the Federal Reserve Bank of New York….
→ Read MoreThe Secretary of Defense and the Defense Department are pondering an update to the Military Lending Act in the wake of the lending industry’s growth…
→ Read MoreAs younger generations continue to struggle amid rising debt and low employment, experts say that the Baby Boomer generation has more car buying power and…
→ Read MoreTesla, the technological innovator behind the newest electric automobiles, has announced that it will be competing with Google by developing and selling driverless cars. The…
→ Read MoreAmerican car culture might be in trouble. Millennials just don’t share the car enthusiasm of previous generations. Generation Y neither cares to borrow car loans…
→ Read MoreLong distance ground mass transit systems have never been America’s forte. The age of the trains are long gone, along with the plumes of coal…
→ Read MoreSubprime lending is growing according to two industry reports. Studies by Experian Automotive and the Federal Reserve Bank of New York found that auto loans…
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