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


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With auto loan rates climbing, will customers buy now?

Jan 10, 2019 Philip Burgess

With auto loan rates climbing, will customers buy now?

With the economy still in expansion mode, car loan interest rates are heating up, testing the financial wherewithal of creditworthy consumers.


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Millennials: The leasing generation

Jan 09, 2019 Walt Wojciechowski

Millennials: The leasing generation

Based on data compiled by Edmunds, millennials have a love for leasing.


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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


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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


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