Car Loans

Car dealers’ loans often aren’t the best deal, so shop for rates first

Admin — Tue, 11 May 2010 01:05:35 +0000

If you’re planning to buy a car and can’t afford to pay cash, here’s what you should do to keep a lid on lending costs.

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Average car loan rates

Admin — Tue, 11 May 2010 00:05:56 +0000

What interest rates buyers can expect to pay for loans of 36 months, 48 months or 60 months.

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Most delinquent debt has 7-year limit

Admin — Tue, 11 May 2010 01:05:16 +0000

If your debt in older than 7 years, show proof to the credit reporting bureau to have it removed.

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When the Mortgage Is Only Part of the Problem

Admin — Mon, 10 May 2010 22:05:45 +0000

Even after getting reduced payments through a loan modification, many people are still drowning in debt.

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Volkswagen Delays Asset-Backed Bonds Due to Adverse Conditions

Admin — Tue, 11 May 2010 01:05:44 +0000

May 10 (Bloomberg) — Volkswagen AG said it delayed a planned sale of 686.3 million euros ($897 million) of bonds backed by Spanish car loans because of market volatility.

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Default Swaps Tumble After EU Goes ‘All In’: Credit Markets

Admin — Tue, 11 May 2010 01:05:16 +0000

May 10 (Bloomberg) — Credit markets rallied around the world after the European Union agreed an aid package worth almost $1 trillion to halt the sovereign debt crisis.

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Volkswagen Delays Spanish Auto Loan-Backed Bond Sale (Update1)

Admin — Tue, 11 May 2010 01:05:55 +0000

May 10 (Bloomberg) — Volkswagen AG , Europe’s largest car maker, said it postponed a 686.3 million-euro ($897 million) sale of bonds backed by Spanish car loans as Europe’s sovereign debt crisis roiled credit markets.

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HSBC MEFCO Expands Credit Limits for Vehicle Finance

Admin — Mon, 10 May 2010 00:05:17 +0000

MEFCO (HSBC Middle East Finance Co) today announced that for the first time it has doubled its maximum credit limit on vehicle finance to AED 500,000 from AED 250,000.

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Tax credit extended for those in military

Admin — Sun, 09 May 2010 01:05:22 +0000

A new law could provide an attractive housing option for many families near and around Puget Sound’s many military bases and shipyards.

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Fed taking steps to unload assets without triggering meltdown

Admin — Sat, 08 May 2010 22:05:24 +0000

Having waged a battle against financial mayhem for the past two years, the Federal Reserve is tentatively declaring victory. As it guaranteed debt and swapped cash for all sorts of assets, the Fed’s balance sheet grew — from about $850 billion in assets before the crisis to about $2.3 trillion this spring. The binge included the purchase of $1.25 trillion of mortgage-backed securities issued by …

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