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Dealers: U.S., Fifth Third settlement over lending bias to curb consumer savings

2015-10-01 08:20:11| Auto Dealers - Topix.net

National dealer associations are criticizing the government's settlement with Fifth Third Bancorp over alleged discriminatory auto lending practices, claiming dealers who work with the bank will now be limited in offering consumers competitive interest rates on auto loans. As part of the settlement, Fifth Third agreed to limit dealer reserve to 1.25 percent above its wholesale buy rate on an auto loan.

Tags: consumer savings dealers settlement

 

Monday Sector Leaders: Railroads, Credit Services & Lending Stocks

2015-09-22 16:51:38| Railroads - Topix.net

In trading on Monday, railroads shares were relative leaders, up on the day by about 1.3%. Leading the group were shares of Canadian National Railway Company , up about 2.3% and shares of Canadian Pacific Railway up about 1.7% on the day.

Tags: services credit monday sector

 
 

Mortgage lending back from slump

2015-09-17 12:02:18| BBC News | Business | UK Edition

Mortgage lending in the first eight months of the year has exceeded annual lending as a whole during the credit crunch.

Tags: back mortgage lending slump

 

Bank lending 'to rise this year'

2015-08-03 01:30:52| BBC News | Business | UK Edition

Bank lending to businesses is expected to rise this year for the first time since 2008, according to the EY Item Club.

Tags: year bank rise lending

 

Perspective on the lending industry

2015-07-27 20:38:00| Corn & Soybean Digest

Todays producers face squeezed margins and immense industry change; some voluntary and some not. The lender sitting on the other side of the desk has a very similar view. Road Warrior read more

Tags: industry perspective lending

 

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