A legislative proposal heard this week by a U.S. House of Representatives subcommittee directs the Federal Trade Commission (FTC) to issue new rules that would have significant ramifications for the auto finance industry, says the chief federal government affairs official for the American Financial Services Association (AFSA).
Read More →The average interest rate for new-car loans continued to drop in March, while the amount financed increased, according to the latest Federal Reserve Statistical Report.
Read More →The average interest rate for new-car loans dropped sharply in February, while the amount financed increased, according to the latest Federal Reserve Statistical Report.
Read More →The average amount financed on U.S. new-vehicle purchases increased in January 2009, according to the latest Federal Reserve Statistical Release.
Read More →The average amount financed on U.S. new-vehicle purchases continued to decline in December 2008, according to the latest Federal Reserve Statistical Release.
Read More →The average amount financed on U.S. new-vehicle purchases declined in October to $25,391, according to the latest Federal Reserve Statistical Release.
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The media, attorneys and consumer advocates are waging war on finance reserve. Arm your dealership to weather the battle unscathed.
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