Witthaya PrasongsinGetty Images “Serious” delinquencies are not a threat, consumer credit agency TransUnion says, but there are signs there could be trouble coming up in the world of auto loans. The number of auto loans that are more than 30 days past due has increased, and there are plenty of …
Read More »Should You Get A LightStream Auto Loan?
If you’re planning to purchase a vehicle or refinance your current auto loan, you may be considering financial services from a company called LightStream. But is this loan provider the best option for you? LightStream offers products and services that meet a variety of consumer needs, including purchase loans …
Read More »Should You Refinance Your Auto Loan With Auto Approve?
Auto Approve offers low-interest auto loan refinancing. If you want to save money on your monthly car payments or if your credit score has recently increased, it may be a good idea to look into refinancing your car loan. Finance companies like Auto Approve allow you to apply in …
Read More »Auto delinquencies tick up as consumers roll out of forbearance
The number of auto loans more than 30 days past due inched up in August, an early sign that customers coming out of forbearance programs aren’t keeping up with their car payments, credit bureau TransUnion said last week. The first waves of consumers to exit forbearance programs have mostly displayed …
Read More »Fed move to keep benchmark interest rate may not help auto customers
Federal Reserve Chairman Jerome Powell said last week that the central bank’s benchmark interest rate won’t be raised until 2023, but the news won’t be much help to car buyers. Rather than a positive note, the move signals a slow economic recovery as the U.S. continues to grapple with the …
Read More »Michigan Groups Offering Free Auto Repairs to Help Avoid Police Stops
Jorge VillalbaGetty Images Fixing taillights can make a big difference in avoiding the risk of being pulled over by police. Various organizations are coming together to offer such minor repairs for free to help people prevent unnecessary police interactions. Aside from the lights, the groups are also offering fluid topoffs …
Read More »Expanded auto repair financing options gain traction
Recent research by Cox Automotive’s Xtime found that 63 percent of customers are unable to pay for a $ 500 auto repair out of pocket, and that 29 percent of primary service recommendations and 71 percent of additional work go unsold because of customers’ lack of funds. There have long …
Read More »Best Tennessee Auto Insurance (2020)
Searching for Tennessee auto insurance? Our team has done all of the research on the best car insurance companies so you don’t have to. Read our guide in order to choose the right provider for your needs in Tennessee. If you live in the Volunteer State, it is required …
Read More »Auto loan appetite hard to predict in second half
Generous automaker incentives and government stimulus efforts drove new- and used-vehicle sales during the onset of the coronavirus pandemic. But as these provisions fade so may consumer demand for auto loans and leases. Auto analysts are split on whether sales in the third or fourth quarter will eclipse activity in …
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