Car Loans

Man Duped by Car Loan Scam Tells His Story

HuffingtonPost.com | Loren Berlin | Posted 04.05.2012

Read More: Auto Loans, Auto Loan Modifications, Auto Loan Fraud, Car Loan Modifications, Car Loan Fraud, Hope for Car Owners, Car Loans, Car-Loan-Scams, Auto Loan Modification Scams, Auto Loan Scams, Car Loan Modification Scams, Money News

Scott Zane, 42, was desperate the day he contacted Hope for Car Owners. It was the summer of 2010, and the Orlando, Fla.-based IT specialist had recen...

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Feds Crack Down On Auto Loan Scammers

HuffingtonPost.com | Loren Berlin | Posted 04.05.2012

Read More: Auto Loans, Autos, Car Loans, Car-Loan-Scams, Cars, Loan-Modification-Scam, Auto Loan Scams, Federal Trade Commision, Money News

Car owners, beware. Fraudsters have launched a new scam in which they offer to help struggling car owners rework the terms of their car loans, only to...

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For Cash-Strapped, This Is A Priority

AP | PALLAVI GOGOI | Posted 03.29.2012

Read More: Paying Bills, Car Loans, Bills, Bill Paying Habits, Car Loan Bills, Credit Card Bills, Recession, Mortgage Payments, Bill Paying, Money News

NEW YORK — The recession and its hangover may have turned bill-paying habits upside down. Cash-strapped Americans are paying off their car loans...

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Watch Out For These Car Salesman Scams

HuffingtonPost.com | Sharon Silke Carty | Posted 03.14.2012

Read More: Video, Car Scams, Car Dealerships, Car Loans, Car Dealer Loan Scams, Car Loan Scams, Car Dealers, Car Dealer Scams, Money News

Oliver Eikenberry was initially very happy with the slightly used 2009 PT Cruiser he bought three years ago. He got a car he liked and a monthly payme...

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Subprime Auto Loans Growing In Popularity

Posted 07.31.2011

Read More: Hsbc, Subprime Mortgages, Car Loans, Experian, Subprime Car Loans, Ally Financial, Crt-Capital, Seacliff Capital, Gimme Credit, San Francisco, William Muir, Citigroup, Business News

NEW YORK (David Henry) - Ally Financial Inc, the United States' largest maker of car loans, hopes that people have forgotten the time when "subpri...

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More Auto Loans Going To Subprime Buyers

AP | DEE-ANN DURBIN | Posted 05.25.2011

Read More: Auto Loans, Car Sales, Lease, Low Credit Scores, Car Financing, Experian, Car Loans, Auto Loan Subprime, Subprime Loans, Business News

DETROIT — Consumers with less than stellar credit are getting car loans again as lenders loosen their standards, and the trend is likely to cont...

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The Re-Inflating Car Bubble

Catherine Lutz | Posted 05.25.2011

Read More: Auto Loans, Car Loans, Subprime Car Loans, GM IPO, Auto Bailout, Credit Card Debt, Household Debt, Business News

The much-touted improved profitability of many car companies is not based on earnings from manufacturing or selling the vehicles but from charging interest.

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The Financial Burden of Being Mobile

Catherine Lutz | Posted 11.17.2011

Read More: Automobiles, Household Budgets, Household Debt, Public Transportation, Transportation, Financial Literacy, Car Loans, Lease a Car, Family, Healthy Living News

Young or old, profligate or prudent, first-time lessee or seasoned buyer, many Americans have little idea of the true financial cost of car ownership. How can we reduce the cost of being mobile?

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Car Loans Are Now Easier To Get -- If You Have The Right Credit Score

AP | By DAVID PITT | Posted 05.25.2011

Read More: Car Sales, Fico, Car Loans, Credit Scores, Car Loans Online, Auto Sales, Car Loans Rates, Auto Lending, Business News

DES MOINES, Iowa -- It's getting easier to get a car loan. "A couple of months ago, it was horrible," says George Magliano, an automotive research ...

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Can You Afford a New Car?

Jason Alderman | Posted 11.17.2011

Read More: Vehicle History Report, Car Loans, Certified Pre-Owned Vehicle, Healthy Living News

When I was growing up, car manufacturers made a big deal each fall about unveiling next year's models, literally shrouding them in secrecy under tarps...

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Is Main Street Ready for the Second Wave of the Recession?

Don McNay | Posted 05.25.2011

Read More: Kentucky Guardianship Administrators, Bailouts, Network, Lexington Kentucky, Cancer, McNay Settlement Group, Entrepreneurship, Citigroup, Richmond Kentucky, Lost Decade, Elvis Presley, Japan, Clu, Washington Lobbyists, Million Dollar Round Table, Banks, Ben Bernanke, Arianna Huffington, Alan Greenspan, Huffington Post, Peter Finch, Heart Attack, Credit Unions, Small Business, Community Banks, Federal Reserve Board, Washington, The Big Short, Main Street, Big Corporations, Bank of America, Unemployment, Elvis, Low Interest Rates, Fed, Federal Reserve, Private Sector, Move Your Money Campaign, Move Your Money, American College, Personal Finance, Msfs, Structured Settlement, Chfc, Car Loans, Wells Fargo, Tom Peters, Pensions, Kentucky, Don McNay, Kentucky Rain, Recession, Charities, Credit Cards, Wall Street, John Paulson, Vanderbilt University, Underemployment, Eastern Kentucky University, Double Dip Recession, Cssc, Too Big to Fail, Mad as Hell, Business News

The phrase "double-dip recession" means little to most of us. To people on Main Street, it hasn't been been a "dip". We took a drop to the bottom two years ago and stayed there.

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Inflation's All But Gone - Here's How It Will Affect Your Bottom Line

AP | JEANNINE AVERSA | Posted 05.25.2011

Read More: Interest Rates, Inflation, Car Loans, Savings Accounts, Buying a Car, Home Equity Loans, Federal Reserve, Bank Loans, Business News

WASHINGTON — It's a good time to buy a car or refinance a mortgage, thanks to super-low inflation and interest rates. Invest in a savings accou...

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No E-ZPass for Auto Dealers

Catherine Lutz | Posted 05.25.2011

Read More: Lloyd Blankfein, Scott Brown, Auto Dealers, Car Loans, Financial Reform, Home Equity Loans, Car Industry, Auto Industry, Jack Reed, Business News

Auto dealers may get a pass on financial reform despite outstanding car loans totaling $850 billion, greater than national credit card debt and second only to home mortgages.

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Let's Eliminate the Auto-Loan Loophole

Rep. Keith Ellison | Posted 05.25.2011

Read More: Congress, Car Loans, Consumer Financial Protection Agency, Senate Financial Reform Bill, Financial Reform, Sam Brownback, Banks, Special Interests, Auto Industry, Consumer Protection, Politics News

It should come as no surprise that the auto loans are incredibly profitable for the industry -- more than half of Ford Motor Company's $2.7 billion 2009 profit came from its financing arm.

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Senate Votes To Rein In Mortgage Lenders In Financial Reform Bill

AP | JIM KUHNHENN | Posted 05.25.2011

Read More: Financial Reform Bill, Downpayment, Senate, White House, Consumer Financial Protection Agency, Fed, Car Loans, Loans, Mortgage Lenders, Financial Crisis, Obama, Eleanor Roosevelt @Y:Politics, Politics News

WASHINGTON — Taking aim at deceptive lending, the Senate on Wednesday voted to ban mortgage brokers and loan officers from getting greater pay f...

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Regulate Nonbank Financial Institutions, Say Consumer Groups

Posted 05.25.2011

WASHINGTON -- While much of the Congressional debate over consumer financial protection has focused on banks, lawmakers have been grappling behind the...

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Retirement Planning: Cut Your Debt Before You Quit

Mark Miller | Posted 05.25.2011

Read More: Auto Loan, Mortgages, Debt, Credit Cards, Retirement Planning, Retirement, Car Loans, Business News

Most financial advisors tend to focus on how much you need to save. But it's equally important to cut your debt load as retirement approaches--especia...

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GMAC Asks For $2.8 Billion More In Taxpayer Money

Wall Street Journal | DAN FITZPATRICK and DAMIAN PALETTA | Posted 05.25.2011

The U.S. government is likely to inject $2.8 billion to $5.6 billion of capital into the Detroit company, on top of the $12.5 billion that GMAC has re...

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Keeping the Love Alive With Your Credit

Jeanne Kelly | Posted 05.25.2011

Read More: Creditors, Personal Finance, Credit Cards, Credit, Finance Tips, Car Loans, Mortgage Payments, Business News

Yes, credit is a lot like love. We all want it. We all need it. But it's a two way street, and finding ways to maintain it is the key.

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Is Credit Evil?

Don McNay | Posted 05.25.2011

Read More: Financial Peace, Kentucky Guardianship Administrators, Capital One, Investment Risk, Big Money, Cnbc, Aig, Mortgages, Richmond Ky, Home Prices, Christian Author, Financial Crisis, Immediate Annuity, American College, Tax-Refund-Anticipation-Loans, Lexington, Personal Finance, Credit Card Fees, McNay Settlement Group, Msfs, Payday Lending, Structured Settlement, Citigroup, Chfc, Loan Sharks, Home Mortgages, Car Loans, Upside Down, Larry Burkett, Kentucky, Don McNay, Payday Loans, Credit Crisis, Structured Settlement Annuity, Credit Cards, Fox Business News, Clu, American Express, Dave Ramsey, JPMorgan Chase, Cnn, Subprime Mortgages, Credit, Vanderbilt University, Syndicated Radio, Million Dollar Round Table, Eastern Kentucky University, Fox News, Warren Buffett, Cssc, Annuity, Race Track, Too Big to Fail, High Interest Rates, Christian Financial Concepts, Louisvile, Business News

I've watched many people get in trouble with upside down car loans, second mortgages or high interest rate financing. Credit keeps many people from living within their means. Then a friend told me he was buying a large house.

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Today Is the Day to Cut Up Your Credit Cards

Don McNay | Posted 05.25.2011

Read More: Household Finance, Main Street and Wall Street, Chartered Financial Consultant, Banking Collapse, Bailouts, Card Balance, Cnbc, Maria Bartiromo, Injured People, Steve Wynn, Lexington KY, Lottery Winners, Second Mortgages, McNay Settlement Group, Trial Lawyers, Son of a Gambler, Big Brother, Consumer Loans, Gretchen Peters, Bookmaking, Furniture Loans, Andrew Kahr, Mgm, Joe Nocera, MGM Mirage, New York, Fox Business News, Las Vegas, Clu, Dave Ramsey, Louisville, Million Dollar Round Table, India, Credit Card, Sports Betting, A Piece of the Action, Lake Tahoe, Small Business, Credit Card Data, Certified Structured Settlement Consultant, Main Street, Federal Reserve, South Dakota, Bank Products, Christina Binkley, Cincinnati, Betting, Financial Crisis, American College, Personal Finance, Casinos, Msfs, Structured Settlement, Pay Off the Balance, Chfc, Federal Reserve Study of Consumer Finance, Car Loans, Kentucky, Don McNay, Chartered LIfe Underwriter, First Deposit Corporation, Reno, Structured Settlements, Business Books, Cnn, Credit Cards, Subprime Mortgages, Small Town Banks, Vanderbilt University, Bank Bailouts, New York Banks, Eastern Kentucky University, Fox News, New York Times, Harrah's, New York Times Columnists, Cssc, Richmond Ky, Odds Makers, Too Big to Fail, Winner Takes All, Harrahs, Providian, Business News

When three people who know about money go to the extreme of not owning any credit cards, others might want to take note.

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