Auto lending hits high as lawmakers request CFPB information
Dec 17, 2019 Philip Burgess
Auto finance in the United States is heating up, as consumer credit for auto loans hit high marks early in 2013. According to Equifax, $69.6 billion in auto financing was provided to American auto buyers from lending outlets in January and
With auto loan rates climbing, will customers buy now?
Jan 10, 2019 Philip Burgess
With the economy still in expansion mode, car loan interest rates are heating up, testing the financial wherewithal of creditworthy consumers.
Millennials: The leasing generation
Jan 09, 2019 Walt Wojciechowski
Based on data compiled by Edmunds, millennials have a love for leasing.
Could retreating gas prices be good news for lenders and retailers?
Jan 07, 2019 Philip Burgess
Across the United States, the price of gas is on the decline. Data from AAA showed that gas prices dropped $0.19 in September, marking the largest decline since October 2012, according to the Los Angeles Times. More importantly, the source
Consumer debt could continue to rise
Dec 21, 2018 Philip Burgess
Americans kept debt collection agencies plenty busy in 2012, and that trend may very well continue in the new year.A recent survey by Personal Financial Wellness Scale revealed that more than three-quarters of people nationwide are in danger