Car title scammers give lenders a bad name
Jan 22, 2015 Phil Burgess
It's an unfortunate thing when scammers try to take advantage of unsuspecting car title loan borrowers. Six people were charged last October for unlawfully possessing the vehicles of those who fell behind on loan payments, according to West
What are some sources of alternative auto financing?
Aug 29, 2014 Philip Burgess
When consumers decide to buy a new car, they sometimes back themselves into a corner with regard to what financing options they think they have. Many people only know the basics or past strategies that were commonly used. For instance, individuals
Subprime auto loans becoming a quality source of business for lenders
Nov 17, 2013 Philip Burgess
Subprime loan activity has been increasing in the American auto finance sector. Although some lenders may be cautious of this type of credit extension, many experts believe subprime lending in the current market is not as risky as some believe.
New Wisconsin legislation affects title lenders
Jul 23, 2012 Philip Burgess
When consumers have to pay for unexpected expenses, many choose to turn to short term lenders for fast cash. Within the industry, there are different types of companies, ranging from those who allow individuals to borrow against their next
Used car loans exceeded loans for new inventory in 2010
Feb 25, 2011 Brian Bradley
Consumer auto loans are up and delinquencies are falling, but those facts are not persuading consumers to pursue loans for new vehicles, the Credit Union Times reports. Additionally, loans for used cars are keeping the business sector profitable