Sentences with phrase «high auto loan balance»
The record high auto loan balance may also have something to do with another milestone that was reached this year.
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NEW YORK — Auto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit repAuto loan originations are at the highest level in eight years and auto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit repauto loan balances, which include leases, have increased for the 13th consecutive quarter, according to the Federal Reserve Bank of New York's Q2 2014 Household Debt and Credit report.
Outstanding revolving balances — largely credit card debt — again hit a record high in January, while student and auto loan debt grew by 5.6 %.
A Home Equity Line of Credit (HELOC), Home Equity Loan, or Cash - Out Refinance is a great way to clear away not just high - interest credit card balances, but also student loans, auto loans, and medical bills.
Among Credit Sesame members, men have higher balances on auto loans.
If you apply for a mortgage or an auto loan, lenders will take one look at your high balances and low score and consider you a risky applicant.
But some experts say that any decline in home equity balances could be offset by higher demand for auto, credit card and other consumer loans, experts say.