Defaults on subprime auto loans and other types of credit may be poised to jump higher — and the profile of the defaulting borrowers may come as a bit of a surprise. UBS said in a note published recently, cited by Seeking Alpha, that the total...
Finding the right financing option for large purchases can be a rough process. From calling various lenders to speaking with family members about possible loans, it can be both rigorous and tiresome. One company that’s looking to help ease the financing process is Flexxbuy. The...
Insert your own car/road/looming accident analogy here, and then take a look at auto loans. While consumer confidence may be good, the stock market is at new highs and wages in general are up, there are some concerns bubbling up in this crucial sector of...
The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch up or repossess their vehicles. According to a report by Bloomberg, citing a person with knowledge of the matter, the FTC...
April 14, 2017
Defaults on subprime auto loans and other types of credit may be poised to jump higher — and the profile of the defaulting borrowers may come as a bit of a surprise. UBS said in a note published recently, cited by Seeking Alpha, that the total consumers who expect to default on these loans is up […]
February 22, 2017
Insert your own car/road/looming accident analogy here, and then take a look at auto loans. While consumer confidence may be good, the stock market is at new highs and wages...
February 20, 2017
The Federal Trade Commission is investigating the use of kill switches by auto finance companies to get subprime borrowers who have missed payments to catch up or repossess their vehicles....
January 12, 2017
They say that history does not repeat itself, but in the case of lending, it sure does seem to rhyme. Forbes said Wednesday (Jan. 11) that a type of loan,...
