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Posted: 03/11/2010 12:30 PM
In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores
Posted: 03/15/2010 06:00 AM
Last year's deep downturn in auto sales could be consumers' silver lining this year for finding new car and truck financing with better interest rates and shorter terms. That's according to the experts at Huntington Bank, which ended 2009 as the top auto lender in Ohio.
Posted: 03/14/2010 07:44 PM
Auto sales, which have been on a high gear for the past several months, on Monday broke another record with February sales being the highest ever for a month.
Posted: 03/15/2010 04:57 AM
KUCHING: The hire purchase (HP) rates are likely to be raised by 25 basis point for national cars and about 45 basis point to 65 basis point for non-national cars today in the wake of last Wednesday’s 25 basis point hike in overnight policy rate (OPR).
Posted: 03/14/2010 03:25 AM
New Yorkers are getting kicked while they are down. The Great Recession has pushed the credit scores of Big Apple denizens down dramatically -- which has pumped up how much we are paying to borrow money for mortgages, for auto loans or on our credit cards. An analysis of credit...
Posted: 03/15/2010 09:00 AM
The SPARK Institute released a detailed proposal today for a new "Universal Small Employer Retirement Savings Program" to help solve the retirement savings gap for millions of American workers, it was announced by Larry H.
Posted: 03/14/2010 01:03 AM
The vice chairman of General Motors has logged 47 years in the industry, with stints at all three Detroit automakers and BMW. His storied career will end May 1, when the 78-year-old will retire after revamping GM’s lineup to critical acclaim.
Posted: 03/15/2010 10:15 AM
Capital One said its credit card charge-off rate fell in February for the first time in at least five months.
Posted: 03/14/2010 04:03 AM
Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.
Posted: 03/14/2010 09:42 AM
For more than 30 years, the Madison Development Corp. has been helping small-business owners, many of whom would not qualify for conventional bank loans. In a time of tight credit, MDC's services are more important than ever.
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