Auto loans hit highest marks in years, study finds
Dec 21, 2018 Philip Burgess
Debt collection agencies have likely been extremely busy in recent months, largely because of the resurgence of the automotive sector."Auto lending, including leases, is now back to pre-recession levels, driven in part by the very attractive
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Car leasing improves during April
Dec 21, 2018 Philip Burgess
Consumer credit scores are strengthening in the wake of the Great Recession, which is good news for America's auto lenders. Swapalease.com data showed that 77.3 percent of the leasing firm's customers were credit approved for loans during April.
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Car sales predicted to jump, a good sign for auto lenders
Dec 21, 2018 Philip Burgess
American auto makers have performed above expectations in the last year, which is a great sign for short term lenders and other automobile financiers. According to a report from J.D. Power & Associates and LMC Automotive, the number of
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Experian: Auto leasing increased in past year
Dec 21, 2018 Philip Burgess
More Americans are turning to auto leasing over buying when it comes to acquiring a new vehicle, with short term lending a viable funding option.According to Experian Automotive, auto leasing encompassed 27.5 percent of all new vehicle transactions
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American auto leasing on track for best year since 2007
Dec 21, 2018 Philip Burgess
Over the last several years, the American auto industry has been rebounding in the wake of the Great Recession. With consumers becoming more financially responsible , the sector is seeing an increase in sales and leasing as Americans prime
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