auto loans

Saving money with gap insurance

October 27, 2009 - 9:00am | Analytics | Articles

Imagine that you took a car loan and bought a shiny brand new vehicle. What happens if it gets into an accident? Even though the car is insured, the amount of payout may not be enough to cover your debt.

0 points

Attention, budget-conscious borrowers: upside down loans

October 22, 2009 - 11:43am | Analytics | Articles

Are you going to take a loan? Make sure that it won’t turn your comfortable financial world upside down. According to statistics, nowadays up to 40% of consumers owe more on their car or home than it is worth. These types of loans are called “upside down.” They can bring you into financial trouble and hamper your successful future.

0 points

JPMorgan Chase increases lending to U.S. SMBs by more than 50 %

September 10, 2009 - 4:00am | Banks and internet banks | News

Lending up more than 50 percent to begin fueling economic recovery

Keeping credit flowing when businesses need it most, JPMorgan Chase made approximately $15.1 billion in loans and lines of credit to 21,000 small- and medium-sized businesses across the U.S. during the second quarter of 2009, the firm announced today. JPMorgan Chase is committed to helping small- and medium-sized firms during tough economic times, as they play a pivotal role in fueling the nation’s recovery.

0 points

Do you plan to buy a car? Check out your FICO Score

June 17, 2009 - 9:01am | Analytics | News

A new scoring system which is revealed by FICO will be applied to people who plan to purchase a vehicle. According to Tom Quinn, FICO’s vice-president of scoring, while initial lenders of auto loans will start using it in several weeks, a credit bureau, such as TransUnion, began making the new scoring system available in March of 2009. Press-releases of FICO state that new system will identify 5 to15 % more potential delinquencies.

0 points

Did not find what you want? Try to search all ecommerce sites!

Custom Search