Wednesday, August 23, 2023

In The News:

The Consumer Financial Protection Bureau has told at least one auto lender to stop keeping excess amounts collected from borrowers in situations ...
When purchasing a car, many individuals rely on auto finance platforms to secure a car loan. These platforms offer a streamlined application ...
Capital One Auto Finance continues to adjust its underwriting standards to maintain risk and stay competitive in a volatile finance market after ...
Used-car retailer and lender Tricolor Holdings' originations and sales have consistently been on an upward trajectory due to AI-driven ...
Advance Auto Parts named Tony Iskander, a finance executive at the company, as interim chief financial officer. The company said it has hired an ...
"More than a third of consumers with student loans took on new auto loans during the pandemic." What about used cars? "At an average sale price of ...
Federal Finance Minister Chrystia Freeland, an avid cyclist who says she does not own a car, was fined $273 for speeding in her home province of ...
Without an emergency fund, your risk of foreclosure increases. You could also face a higher risk of your car being repossessed. You could become ...
Paying off a mortgage. Paying off other debts, such as credit cards, car loans or student loans. Covering college expenses for one or more children.
More than 3 in 5 Americans are facing financial hardships due to price inflation, according to a May 2023 Gallup report.
Fitch Ratings-New York/San Francisco-23 August 2023: Subprime auto ABS loan performance deterioration has recently moderated in line with typical ...
Those prices coupled with hikes in financing mean that the entire used-car experience will deliver sticker shock 2023 style.
De Meo boasted that the company's breakeven point â€" the number of cars it has to sell before it reaches profitability â€" has halved compared with the ...

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