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Auto-loan delinquencies are the highest since 2012

The percent of auto loans in serious default has risen to the highest level in almost seven years, as consumers with weak credit struggled to make payments despite a strong U.S. economy and tight labor market......»»

Category: topSource: moneycentralFeb 12th, 2019

Loan refinancing website LendEDU sold rankings to highest bidders, FTC says

The financial products comparison website LendEDU faked reviews and charged lenders for top rankings, the Fe.....»»

Category: topSource: usatodayFeb 11th, 2020

Banks Tighten Credit Card, Auto Loan Standards As C&I Loan Demand Continues To Shrink

Banks Tighten Credit Card, Auto Loan Standards As C&I Loan Demand Continues To Shrink The latest senior loan officer survey, released earlier today by the Fed, showed .....»»

Category: blogSource: zerohedgeFeb 3rd, 2020

I swore I"d never take on debt for a car, but I was surprised by how well my first auto loan fit into my financial plan

Don Mason/Getty Images I swore I'd never take on debt for a depreciating asset, like a car. My husband and I have always saved to buy cars in cash so an auto loan was never necessar.....»»

Category: topSource: businessinsiderJan 31st, 2020

JPMorgan Chase to cut hundreds from consumer unit, according to report

Job cuts could be in the works as JPMorgan Chase looks to cut costs. Bloomberg reports that the bank is planning to cut "several hundred" workers from its consumer unit, which houses the deposit, credit card, home loan and auto lending businesses.....»»

Category: topSource: bizjournalsJan 29th, 2020

Total sales at Arizona auto auctions slip in 2020

Sales were down slightly from last year — even as the auction industry's big gun set a new record. Here are the 10 highest-priced cars sold during Scottsdale's auto auction week......»»

Category: topSource: bizjournalsJan 21st, 2020

Choosing These College Majors Will Pay Off the Most

Student loan debt is soaring in the United States, overtaking both auto loans and credit card debt in recent years to become the second largest form of consumer debt, after only home mortgages.........»»

Category: blogSource: 247wallstJan 16th, 2020

Choosing These College Majors Will Pay Off the Least

Student loan debt is soaring in the United States, overtaking both auto loans and credit card debt in recent years to become the second largest form of consumer debt, after only home mortgages.........»»

Category: blogSource: 247wallstJan 16th, 2020

Choosing These College Majors Will Pay off the Most

Student loan debt is soaring in the United States, overtaking both auto loans and credit card debt in recent years to become the second largest form of consumer debt, after only home mortgages.........»»

Category: blogSource: 247wallstJan 15th, 2020

Choosing These College Majors Will Pay off the Least

Student loan debt is soaring in the United States, overtaking both auto loans and credit card debt in recent years to become the second largest form of consumer debt, after only home mortgages.........»»

Category: blogSource: 247wallstJan 15th, 2020

UC honors local business leaders in alumni awards

The University of Cincinnati's Alumni Association is awarding its highest honor to prominent Cincinnati businesspeople, including the owner of one of the top auto dealership groups in the country, in early 2020. The UC Alumni Association will hono.....»»

Category: topSource: bizjournalsDec 24th, 2019

Grads with these 30 Orlando college degrees have the highest median debt

What you decide to study in college in metro Orlando and beyond can play a large role in how much student loan debt you'll have when you graduate and prepare to enter the workforce. The U.S. Department of Education College Scorecard tracks data on .....»»

Category: topSource: bizjournalsDec 13th, 2019

Mecum auto auction sells $9M in KC — here"s a look at the 10 highest-priced vehicle sales

Mecum Auction Inc. sold about $9 million in collector cars in Kansas City from Dec. 5-7. The sales total is up from about $8.7 million during the company's auction in Kansas City last year. This year's auction presented about 700 vehicles, selling 41.....»»

Category: topSource: bizjournalsDec 11th, 2019

Home Foreclosures, Loan Delinquencies Remain at 2-Decade Low

Delinquent home mortgage loans and foreclosures in September remained at levels not seen in more than 20 years, according to housing data firm CoreLogic......»»

Category: blogSource: 247wallstDec 10th, 2019

At $2.6 billion, the New York Mets would be the highest-valued sports team ever sold in the U.S.

The previous high for an MLB team was in 2012 when the Los Angeles Dodgers were sold while the team was valued at $2.12 billion......»»

Category: topSource: marketwatchDec 6th, 2019

Denver among cities with the highest percentage of million-dollar homes

Denver has the 10th-highest share of million-dollar homes of any U.S. metropolitan area, according to a new list. Online loan provider LendingTree created the ranking based on its review of the number of million-dollar homes in each of the nation’s.....»»

Category: topSource: bizjournalsNov 22nd, 2019

Here"s which Dayton-area colleges have the highest student loan default rates (Slideshow)

Nearly 3,600 students have defaulted on loans they took out in fiscal year 2016 to attend one of 16 colleges in Southwest Ohio. That's according to the latest data from the U.S. Department of Education, which released new data on student loan defaults in.....»»

Category: topSource: bizjournalsNov 21st, 2019

The "Oh, $hit!" Moment For Subprime Auto Loans Arrives; Serious Delinquencies Blow Out

The "Oh, $hit!" Moment For Subprime Auto Loans Arrives; Serious Delinquencies Blow Out Authored by Wolf Richter via WolfStreet.co.....»»

Category: blogSource: zerohedgeNov 14th, 2019

Onerous Loan Terms Are Crippling Already Broke Subprime Auto Buyers

Onerous Loan Terms Are Crippling .....»»

Category: blogSource: zerohedgeNov 10th, 2019

Europe markets: Daimler lifts Dax, Nokia tanks

European shares got off to a positive start with the DAX up to its highest since mid-June 2018, as auto stocks get a lift after a well-received update from Daimler. David Pollard reports......»»

Category: videoSource: reutersOct 24th, 2019

Federal deficit estimated at $984B, highest in seven years

The federal budget deficit for 2019 is estimated at $984 billion, a hefty 4.7 percent of gross domestic product (GDP) and the highest since 2012, the Congressional Budget Office (CBO) said on Monday......»»

Category: topSource: moneycentralOct 8th, 2019