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Subprime Loans Can Be Great if Done the Right Way

2013-07-23 21:58:10| AutomotiveDigest.com - Automotive Industry News

Subprime loan car shoppers are choosing used cars over new cars by an almost 2-to-1 margin, according to Experian Automotive. In Q1 of this year, 63.2% of loans were for used cars, and the average loan amount was $17,532, Experian said for new cars, the average loan during that time was $26,648. Lenders and dealers are doing better with subprime loans today than in five years ago but there are some serious challenges. One of these has been vehicle repossessions, which were up significantly in the first quarter, Experian Automotive said. Credit scores are not the only thing to look at better manage risk. Read more about whats working for creditors and dealers in making subprime loans a great channel to see revenue growth in a way that works for all parties involved in the transaction. The Article Subprime Loans Can Be Great if Done the Right Way appeared first on Automotive Digest.

Tags: the great way right

 

Angus King talks NSA, student loans, riding his Harley

2013-07-21 15:59:07| Automakers - Topix.net

Angus King answered BDN reader questions recently about the National Security Agency leak of classified information, student loan interest rates and whether he's had time to ride his Harley-Davidson motorcycle.

Tags: king student loans talks

 
 

PRESS RELEASE: National Cooperative Bank Arranges Nearly $127 Million in New Loans During June in the Largest Month Year-To-Date for the New York Office

2013-07-17 17:41:00| National Real Estate Investor

Great Ink Communications National Cooperative Bank, a leading lender to cooperative housing throughout the Tri-State area, originated nearly $127 million in new financing activity during June for 31 New York area properties. read more

Tags: the new office york

 

Listing of bond loans issued by Svenska Handelsbanken AB on STO Structured Products

2013-07-12 12:48:38| Appliances - Topix.net

NASDAQ OMX Stockholm decides to officially list 2 bond loans issued by Svenska Handelsbanken AB with effect from 2013-07-15.

Tags: products listing issued loans

 

Summit to discuss payday loans

2013-06-30 06:20:15| BBC News | Business | UK Edition

"Deep-rooted" problems in the loans business will be the subject of a summit involving payday lenders, regulators, charities and the government.

Tags: discuss loans summit payday

 

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