Not exact matches
Finally, GM's quick repayment of the
loans has whetted the appetite of some commentators (including DeCloet) for the ultimate repayment of the full government contribution. That would occur through the issuance of public equity by GM and Chrysler, creating a market for those stocks into which the government would presumably sell its shares. There is even some nefarious language in the rescue packages requiring the government to sell off its shares within specified, relatively aggressive timelines. The more I think about it, the
less this makes sense — neither for the
auto industry, nor for taxpayers. Why not hang onto the equity stake? If the companies recover and the equity gains market value, then the government will be able to claim that
on its balance sheet (hence officially recouping the cost of its written - off contributions and creating a budgetary gain).
As Santander, Cap One and other lenders are increasingly targeting the super-prime, non-lease,
lesser - risk customer, we've not seen the end of outrageously extended terms
on auto loans.
This used Dodge Journey has
less than 30,000 miles
on the odometer and shows up at an affordable price to make the choice of
auto loans you select for the drive easy for you when you want to drive in Homewood, IL.
From research information
on a stylish new Toyota Corolla to helping you apply for Toyota
auto loans even if you have a
less than perfect credit score, our Johnson City Toyota team is here for you!
Auto - debit allows you to make your scheduled monthly student
loan payments
on time with
less hassle.
There are also
less restrictions
on what a personal line of credit may be used for, unlike mortgages and
auto loans.
They are likely to be
less than pleased if they have to pay a higher interest rate
on an
auto loan because you forgot to make one (or two or three!)
A typical rate
on an
auto loan from a credit union is about 1.25 %
less than what a bank can offer.
As credit scores for new
auto loans hit record highs, lenders have also tightened their standards and are lending
less based
on purchased vehicle values.
As credit scores for new
auto loans hit record highs, lenders have also tightened their standards and are lending
less based
on purchased vehicle values.This is good news for the
auto lending industry because narrower credit standards are «starting -LSB-...]
They are strict in their criteria, only allowing
auto equity
loans on free and clear vehicles
less than 15 years old and worth at least $ 2,500.
If you're currently making payments
on a car that's worth
less than the
loan value, you're going to have a hard time convincing a lender to agree to an
auto loan refinance.
That's
less than 2 % of available credit, which is why I was concerned about the «Amount owed
on revolving accounts is too high» the only other debt I have is an
auto -
loan that was refinanced the week before I received that credit report, thus no payment has been made.
While the pain from an imploding subprime
auto loan market would be much
less than what ensued from the housing crisis, the economy is still
on relatively fragile footing, and losses could ultimately stall the broader recovery for millions of Americans.