subprime auto loans grow as lenders charge a premium
the riskiest borrowers pay the highest rates on auto loans. how much higher? a lot. like, four times what the least-risky customers pay. that difference ? and the fact that subprime auto loans didn't crash during the recession like subprime mortgages did ? is helping to fuel a boom in investments in subprime auto lending. ...
transunion: late auto-loan payments down in 1q
the rate of late payments for auto loans fell nationally in the first three months of the year to the lowest level in more than a decade, even as lenders financed more vehicle purchases for high-risk borrowers.
auto racing: tony kanaan comes up short again at indianapolis 500
auto racing: tony kanaan comes up short again at indianapolis 500 by michael marot the associated press published may 27, 2012 05:19pm mdt indianapolis • tony kanaan was feeling lucky sunday. unfortunately for the brazilian, the indianapolis motor speedway was relentless - again. despite using a brilliant move to go from fifth to first with 15 laps left in the indianapolis 500 and still leadi...
auto sales to really take off this summer?
if memorial day weekend is any indication, automakers and dealers could be gearing up for their best summer since 2008.
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