Car title scammers give lenders a bad name

Jan 22, 2015 Phil Burgess

Car title scammers give lenders a bad name

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


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What are some sources of alternative auto financing?

Aug 29, 2014 Philip Burgess

What are some sources of alternative auto financing?

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


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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.


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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


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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


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