November 2019

The market for securities backed by the riskiest US auto loans is booming, as yield-hungry investors ignore lingering concerns about the health of the US consumer.The deals have become "gangbusters" in risky auto asset-backed…

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“Each camp will be a two-day affair where individuals can enter with the required documents and exit with on-site approval to fund their dream products,” the bank said in a press release.…

More people buying new cars with trade-ins have negative equity than in previous years, according to the Wall Street Journal reports, and these borrowers already have more auto debt before taking on new, larger loans.why is it important,…

John Schricker took out a loan to buy a car in 2017. Then he took out another. And then another. In two years, the 40-year-old electrician took out four auto loans, each time swapping out the previous car and…