Auto Loan News

US Rescue Plan Could Help Auto-Loan Cos - Rep. Barney Frank (Nasdaq)
WASHINGTON -(Dow Jones)- The chairman of the U.S. House Financial Services committee said Friday that ailing auto-loan companies will qualify for aid under the government's $700 billion Wall Street rescue plan.
 
Auto dealers see bailout freeing car loan cash (9 News Denver)
WHEAT RIDGE – Colorado auto dealerships anticipate the financial bailout bill will open up a tight credit market for car buyers.
 
Credit crisis adds to pressures on auto dealers (Lexington Herald-Leader)
Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan. For auto dealers already suffering under the worst U.S. sales downturn in 15 years, the increasing cost ...
 
Credit crisis adds to pressures on auto dealers (AP via Yahoo! News)
Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across the country, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.
 
Auto loans: All revved up with no place to borrow (The Pantagraph)
The era of easy auto loans has come skidding to a halt. Mortgages were among the first consumer products to be hit by the credit-market freeze. Now car loans and leases are drying up as dealers, auto-finance companies and other lenders are having trouble finding money to lend to car buyers.
 
Credit crisis adds to pressures on auto dealers (The Shreveport Times)
Hundreds of thousands of new cars and trucks are stacking up on dealer lots throughout the country with potential buyers worried whether they'll keep their jobs, be able to pay for gas or qualify for a car loan.
 
Credit crisis hurting US auto dealers (The West Australian)
Hundreds of thousands of new cars and trucks that would have quickly made their way to people's driveways a year ago are now stacking up on dealer lots across America, with potential buyers worried about whether they will keep their jobs, be able to pay for petrol, or qualify for a car loan.
 
Consumer Loan Delinquencies Up Slightly In Second Quarter (The Morning News)
Despite continued economic stress, economists say the federal economic stimulus payments consumers received in the second quarter helped keep loan delinquencies in check.
 
Credit crisis adds to pressures on auto dealers (The Sacramento Bee)
New cars and trucks are stacking up on dealer lots, with potential buyers worried about whether they'll keep their jobs, be able to pay for gas, or qualify for a car loan.
 
Auto loans haven’t dried up, local dealers, lenders say (The State Journal-Register)
Despite reports of financing problems in larger markets across the country, local car buyers with good credit should have no problem getting auto loans, Springfield automobile dealers and banks say.