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TAG SEARCH RESULT: Finance

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December 7, 2010

Below-Prime Financing Continues to Thaw, Reports Experian Automotive

Auto finance sources continued to loosen their standards in the third quarter, particularly for those with less-than-stellar credit, Experian Automotive reported today.

November 8, 2010

Consumer Borrowing Increases in September

Consumer credit increased at an annual rate of 1.1 percent, or $2.1 billion, in September, according to the Federal Reserve’s monthly report.

October 12, 2010

Interest Rates Drop in August, Federal Reserve Says

Consumer credit decreased at an annual rate of 1.7 percent in August, according to the Federal Reserve’s monthly report.

October 1, 2010

Hope in Sight for High-Risk Tiers

Things are still challenging for below-prime customers, but the middle tiers are beginning to show signs of life, Experian Automotive reveals.

September 8, 2010

U.S. Bank Provides Chrysler With Consumer Leasing

Chrysler Group LLC said Wednesday that it has entered into an agreement with U.S. Bank to provide consumer leases on select 2010 Chrysler, Dodge and Jeep vehicles.

August 31, 2010

Auto Loan Delinquencies Drop; Nonprime and Subprime Loans Rise

Automotive loan delinquencies dropped during the second quarter this year, marking the second consecutive quarter with a year-over-year decrease in quarterly delinquencies, according to Experian Automotive.

July 13, 2010

Consumers Continue to Tighten Purse Strings, Reveals Fed Report

Borrowing among U.S. consumers fell for the fourth straight month in May, dipping by 4.5 percent, according to the Federal Reserve.

June 28, 2010

Lanes Open for Prime Tiers

Sixty-day delinquencies are on the decline and credit quality continues to improve, but lenders still favored prime customers in the first quarter.

June 7, 2010

Interest Rates Drop for Second Consecutive Month, Federal Reserve Says

Consumer credit increased at an annual rate of 0.5 percent in April, according to the Federal Reserve’s monthly report.

May 11, 2010

Consumer Credit Rises; Interest Rates Dip, Federal Reserve Says

Consumer credit rebounded in March to an annual rate of 1 percent after it decreased in February to an annual rate of 3 percent, according to the Federal Reserve’s monthly report.