Auto Financing
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Auto financing: SBP’s surgical strike! – BR Research
Economic managers in the country are putting their heads together to try and curtail growing imports. The first line of attack is consumer finance. ... -
Hudson Structured invests in auto insurtech Buckle again, doubles surplus loan
Hudson Structured Capital Management Ltd., which enters into insurance and reinsurance investment business as HSCM Bermuda, has participated as an investor in a $60 ... -
Australia’s booming warehouse funding market eyes $10b
Hiran Wanigasekera, IFMâs executive director of debt investments, who manages $9 billion in fixed income and private debt financing, said his warehouse portfolio includes ... -
Keyloop Acquires FISC To Integrate Automotive Finance, Expanding Its Offerings For Both Retailers And OEMs
LONDON, Sept. 28, 2021 /PRNewswire/ — Keyloop, a leading global supplier of technology solutions to the automotive industry, today announced its acquisition of FISC, ... -
Compass Bank, Air Academy Federal Credit Union to refund Colorado vehicle owners | News
Colorado Attorney General Phil Weiser announced Sept. 27 that Compass Bank (now BBVA USA) and Air Academy Federal Credit Union will refund Colorado borrowers ... -
Automotive Finance Market To Receive Overwhelming Hike in Revenues Due To Rising Investments Across Automobile Industry Till 2026 | Million Insights
âMillion Insights â Worldâs Fastest Growing Market Research Databaseâ According to new report available with Million Insights, the global automotive financing industry is expected ... -
Germany’s Electric Car Program Is About Defending Its Auto Giants’ Profits
Germanyâs politicians have decided that the country ought to become carbon neutral. In the run-up to the general election on September 26, all parties ... -
SBI Personal Loan, Home Loan, Car Loan: Check the latest offers here | Personal Finance News
The State Bank of India (SBI) announced a plethora of new incentives it was rolling out in anticipation of the impending festival season. The ... -
Kapil Sharma cheating case: Car designer Dilip Chhabria’s son arrested
Mumbai police on Saturday arrested Bonito Chhabria, son of car designer Dilip Chhabria, in connection with a case of cheating registered against him on ... -
A dedicated lender | CUNA News
If Gary Hull was a credit union in Kansas, he would rank No. 12 out of 77 in total loans outstanding. Hull, assistant vice ... -
Last remaining Winters Bank employee retires from Chase
Boecker started his bank career in the former Kettering Tower downtown (now called the Stratacache Tower), moved to the Dayton area, and remained in ... -
SBP puts brakes on financing for imported vehicles – Newspaper
⢠Maximum tenure of auto financing cut from seven to five years⢠Minimum down payment for car financing raised from 15pc to 30pc⢠Central ... -
CarMax Inc – Consensus Indicates Potential 9.1% Upside
CarMax Inc with ticker code (KMX) now have 11 analysts in total covering the stock. The consensus rating is âBuyâ. The range between the ... -
Lilac raised $150 million for sustainable lithium extraction tech
Dave Snydacker is CEO and founder of Lilac Solutions, a lithium extraction startup based in Oakland, California. Courtesy: Lilac Solutions Inc. As consumers, we ... -
Car loans hit record high of Rs326bln in August
KARACHI: Auto financing reached an all-time high of Rs326 billion in August 2021, depicting a 46.8 percent year-on-year jump, mostly owing to low interest ... -
COGOS partners with Three Wheels United to provide EV financing to driver partners, Auto News, ET Auto
New Delhi: Bengaluru-based logistic startup COGOS on Tuesday announced its partnership with Three Wheels United (TWU), financier of light electric vehicles, to provide electric ... -
How the Case of Gabby Petito Captivated the Internet
The demographics of the industry are a big factor, Mr. Reynolds said. âOur newsrooms donât reflect the diversity of the country, and folks in ... -
Top 4 Direct Lenders for Same Day Loans to Get Quick Cash [2021]
Online loans with same-day approvals can be life-saving when you need the money urgently. They can offer financing options to give you the help ... -
Automakers roll out online buying options
Ford Motor Co.: Ford Express Buy (Ford brand) The one-stop system allows a customer to purchase a vehicle completely online in partnership with Ford ... -
Questions and answers from the ‘Car Doctor’ – Saratogian
Q. I have a question about the tire-pressure indicator light in my 2007 Subaru Outback. After anywhere between 8 and 15 miles of driving, ... -
Will the State Bank increase interest rates this time?
The State Bank will be in a quandary to maintain the interest rate at 7% to target economic growth or increase it to control ... -
5 Best CPO Warranties in 2021
Affiliate disclosure: Automoblog and its partners may be compensated when you purchase the products below. Most major vehicle brands offer CPO warranties, and Porsche, ... -
Fort Worth-based consumer auto finance company receives investment from private equity group
Clarion Capital Partners announced Sept. 15  its completion of a strategic investment in Fort Worth-based OpenRoad, a consumer auto finance company.  OpenRoadâs co-founders, Chris Goodman, Jeff Austin, and Joseph ... -
PNB waives service charges, processing fees on home, auto loans. Details here
With the festive season around the corner, Punjab National Bank (PNB) has launched a Festival Bonanza Offer to enhance the availability and affordability of ... -
Innovation Is In Again: DOE Loan Programs Office Back At The Helm – Energy and Natural Resources
Highlights Authorized in 2005 to lend nearly $70 billion to innovative clean energy projects, the U.S. Department of Energy (DOE) Loan Programs Office (LPO) ... -
SCOA Gets N15.5bn Loan from Heritage Bank, Others to Supply Items to Julius Berger
By Ashemiriogwa Emmanuel Nigerian automotive technology company, Autochek, as part of its East African expansion drive, has acquired Cheki businesses in Kenya and Uganda ... -
Autochek Penetrates Africa, Acquires Cheki Kenya, Uganda
Autochek has entered an agreement with Ringier One Africa Media, (ROAM) Africa, for Autochek to acquire automotive marketplaces Cheki Kenya and Cheki Uganda, as ... -
Carvana bringing as-soon-as-next-day car delivery to Reno
Carvana is expanding its as-soon-as-next-day delivery services to the Reno area. Submitted Wednesday, September 8, 2021 Carvana, an online platform for buying and selling ... -
Boost Your Portfolio With These Top 3 Consumer Loan Stocks
With the S&P 500 Index surpassing 4,500 points, it is time to take a look at one of its well-performing sectors, which is Consumer ... -
WalletHub: 87 million Americans will look at cars to buy this Labor Day Weekend
With 87 million Americans planning to look at cars to buy this Labor Day weekend, according to WalletHub research, the personal-finance website released its ... -
Romilio Marinelli Obituary (1928 – 2021) – Toledo, OH
Romilio “Rome” Marinelli Romilio “Rome” Marinelli, of Toledo, passed away on August 25, 2021, at the age of 92. Rome was born in the ... -
America’s Car-Mart Named to Forbes List of America’s Best Small Companies for 2021 | News
Rogers, Arkansas , Aug. 25, 2021 (GLOBE NEWSWIRE) — Americaâs Car-Mart, Inc. (NASDAQ: CRMT) was recently named to Forbes magazineâs 2021 list of Americaâs ... -
Try these strategies to negotiate a good deal on a new car
If you have your heart set on buying a new car this year, be prepared to pay significantly more. Consumer Reports says that inflation, ... -
ABC-7 at Noon: GECU Financial Minute on new Auto Trade-In Discount Program
EL PASO, Texas — GECU’s Vice President of Consumer Lending Daniel Vasquesz joined ABC-7 at Noon to discuss the new GECU Auto Trade-In Discount ... -
What to look for when buying a used car
In the market for a used car? Youâre not alone. Somewhere around 40 million pre-owned vehicles trade hands each year. Used vehicles can be ... -
Waco’s used car prices going through the roof | Local Business News
Without new cars, dealers cannot make deals on trade-ins. Quality pre-owned vehicles have become scarce as Edsels, and with the concept of supply and ... -
Carvana and Root, Inc. Exclusively Partner to Develop Industry-First Integrated Auto Insurance Solutions for Carvana Customers
PHOENIX & COLUMBUS, Ohio–(BUSINESS WIRE)–Carvana (NYSE: CVNA), the leading e-commerce platform for buying and selling used cars, and Root, Inc. (NASDAQ: ROOT), the parent ... -
Moove raises $23m Series A funding to democratise vehicle ownership in Africa
Auto financing company, Moove, has raised $23 million in Series A funding round. According to the company, this funding would help democratise access to ... -
Apple, Samsung Booted From Lead As Xiaomi Soars
Sales for Chinaâs smartphone Xiaomi escalated 26 percent, effectively booting Samsung and Apple out of their top spots, according to media reports. The sales ... -
Carputty Raises $7.2 Million to Simplify Car Financing | Business
ATLANTA–(BUSINESS WIRE)–Aug 6, 2021– Carputty, the premier direct lender re-engineering the car financing business with transparency and consumer control, today announces it has raised ... -
TrueCar, AutoFi Team On Auto Financing
Online car retailer TrueCar is now working with AutoFi to give customers more advanced ways to explore auto financing. With the partnership, those who have configured payments with ... -
Best Cheap Car Insurance in Stamford for 2021
There were 3,433 crashes on Stamford roads in 2020, with ten fatal injuries, according to data from the University of Connecticut. Because of the ... -
Chase opens bank in highly competitive Portsmouth
PORTSMOUTH – Chase is the latest institution to open a bank in the city, host to more than a third of all the banks ... -
Head of U.S. Department of Energy Loan Programs on Being a “Catalyst” for Wall Street and Why the Current Pace of Deployment for Climate Solutions in the United States is “Wholly Unacceptable”
WASHINGTON–(BUSINESS WIRE)–âToo much money and not enough projectsâ is how the head of the DOE Loan Programs Office characterizes the current pace of deployment ... -
Crisil: Securitised loan pool collection ratios slip on second wave: CRISIL
Localised curbs due to the continued scare of the third wave of coronavirus and lack of moratorium post the second wave, collection ratios in ... -
Maruti partners Bank of Maharastra to help dealers with inventory financing
Maruti Suzuki signed an MoU with the Bank of Maharashtra through which the latter will offer dealer inventory financing to Maruti Suzuki India Ltd ... -
Experian Reports: Auto Loan Terms Getting Longer
The price of the average new car is going up. The average monthly payment on a new car loan, though, has barely changed. How ... -
Iron Capital raises $5.7M in Series A financing round
(From left to right) Tommy Sim, Alice Sok and Richard Seang. Photo supplied Phnom Penh-based investment holding firm Iron Capital Plc has raised $5.7 ... -
Fighting over fish high above Ririe Reservoir
An osprey harvests a kokanee on Ririe Reservoir. | Bill Schiess, EastIdahoNews.com The osprey just could not help bragging about his catch after it ... -
The Car Market ‘Is Insane’: Dealers Can’t Keep Up With Demand
Some customers have balked at paying top dollar for new cars and have opted to make do with older vehicles. That has increased demand ... -
iLendingDIRECT Co-Founder and Chief Strategist Wins Outstanding Women in Business Award.
Nancy Fitzgerald Granted Esteemed Honor from the Denver Business Journal. Englewood, CO, July 14, 2021 (GLOBE NEWSWIRE) — Nancy Fitzgerald, Co-Founder & Chief Strategist ... -
U.S. consumer watchdog orders GreenSky to pay fine for lending abuses
By Katanga Johnson WASHINGTON, July 12 (Reuters) – The U.S. Consumer Financial Protection Bureau (CFPB) on Monday said it has fined an Atlanta-based financial ... -
What Happens to the Extended Warranty When You Trade-In?
Extended warranties aren’t the same as an original factory warranty. Warranties typically follow the vehicle, not the driver, however, this may not be the ... -
Five questions with … Tricolor Auto Acceptance Chief Risk Officer Nick Brown
Nick Brown As chief risk officer at Tricolor Auto Acceptance, Nick Brown has a unique opportunity to reach borrowers who may otherwise fall through the auto finance cracks.  ... -
Asbury Automotive Group Enhances Clicklane With Salty’s Embedded Insurance®
DULUTH, Ga.–(BUSINESS WIRE)–Asbury Automotive Group, Inc. (NYSE: ABG) (âAsburyâ or the âCompanyâ), one of the largest automotive retail and service companies in the U.S., ... -
2021 Maybank Pemulih car loan moratorium – full or 50% loan deferment for 6 months, with added charges
On June 28, prime minister Tan Sri Muhyiddin Yassin announced a six-month loan repayment moratorium for all Malaysians, like what was announced in the ... -
Credit bureau Centrix says its data is painting a picture of an economy going from strength to strength, but activity may start slowing
Consumer lending through the likes of credit cards, vehicle financing, personal loans and buy now pay later (BNPL) services surged 38% month-on-month in May topping $600 ... -
Is a Tote the Note Car Lot Right for You?
Right now, used cars are at a premium due to overwhelming demand and low supply. If you’re a bad credit borrower this could spell ... -
Auto financing hits all-time high
KARACHI: Auto financing by banks hit an all-time high of Rs297.5 billion in Pakistan as consumersâ appetite for owning a vehicle shifted to top ... -
Cost of new cars is rapidly outpacing earnings
Image source: Getty Images Share this page: Buying a brand new car, fresh from the factory, has several advantages. For example, a new car ... -
Here’s How Much a $1000 Investment in CarMax Made 10 Years Ago Would Be Worth Today
For most investors, how much a stock’s price changes over time is important. Not only can it impact your investment portfolio, but it can ... -
What Isn’t Covered Under an Extended Warranty?
All new vehicles come off the factory line with a manufacturer warranty that can cover big repairs so you donât have to pay out ... -
State of the Used-Car Industry: Retail
As we put together this third installment of âThe State of the Used Car Industryâ in late June, it appears life â societal, economic, ... -
Lendbuzz raises $ 60 million with artificial intelligence to finance auto loans
In the U.S.A there are more than 45 million people who live outside the traditional credit system. This makes a good chunk of the ... -
5 Best Honda Dealers in Houston 🥇
Below is a list of the top and leading Honda Dealers in Houston. To help you find the best Honda Dealers located near you ... -
India Used Car Loan Market, Competition Forecast & Opportunities, FY2027F
DUBLIN–(BUSINESS WIRE)–The “India Used Car Loan Market, By Vehicle Type (Hatchback, SUVs & Sedans), By Financier (Banks, NBFCs (Non-Banking Financial Companies) & OEM), By ... -
We are determined to strengthen process controls, says HDFC Bank chief Jagdishan
HDFC Bankâs bundling of vehicle tracking devices with car loans in the past was the result of âunscrupulous practices of a few people”, chief ... -
WalletHub Study: 2021’s Best States for Summer Road Trips
With 59% of U.S. families saying they are more likely to drive than fly for their next trip, the personal-finance website WalletHub released three ... -
Gap Insurance in Kentucky | Bankrate
Gap insurance in Kentucky is worth knowing about if you are financing a new car purchase. This is because, like many types of insurance, ... -
NMAC CEO Kevin Cullum joins Auto Finance Summit for a fireside chat
Kevin Cullum, president and chief executive, NMAC Kevin Cullum, president and chief executive of Nissan Motor Acceptance Company, will kick off the Auto Finance ... -
Auto parts manufacturers to witness swift recovery from Q2: India Ratings
Domestic auto parts manufacturers might witness a swift recovery in demand in the second quarter once lockdowns are completely lifted in most states in ... -
Trade-In Values are High: Push, Pull, or Drag Your Car In
Push, pull and drag events tend to pop up from time to time, especially when dealership stock is running low. If you need to ... -
IDEX) Featured in Yahoo! Finance Article
Ideanomics (NASDAQ: IDEX), a company driving the sustainability transformation with solutions that shape the future of e-mobility and fintech, was featured in a Yahoo! Finance article. ... -
Automotive Finco Corp. Announces Results of Shareholders’
Not for distribution to United States newswire services or for dissemination in the United States. This news release does not constitute an offer to ... -
HDFC Bank to refund GPS device charges to customers
MUMBAI : Indiaâs largest private-sector lender, HDFC Bank Ltd, on Thursday said that it will refund commissions to auto loan customers who had âavailed ... -
Gap Insurance in Arizona | Bankrate
You may have heard about gap insurance for the first time from a friend, car dealer or insurer. It is well-known that the minute ... -
Car sales climb 57pc to 139,613 units in July-May
KARACHI: Car sales climbed 57 percent to 139,613 units during the first 11 months of the current fiscal year of 2020/21 as low-cost auto ... -
Used Car Values Will Soon Crash… Buyers Brace For Impact
Used cars at Metro Ford. (Photo by: Jeffrey Greenberg/Universal Images Group via Getty Images) Universal Images Group via Getty Images Used car prices have ... -
How I Got My First Home in This Market. (No, I’m Not Rich) – NBC Chicago
This story originally appeared on LX.com On June 1, I purchased my first home. And, yes, I did it in this ridiculous market. And ... -
5 Best Car Dealerships in Austin🥇
Below is a list of the top and leading Car Dealerships in Austin. To help you find the best Car Dealerships located near you ... -
Birds rarely seen in eastern Idaho visit my front yard for the first time in 3 years
A flock of about 14 Red crossbills recently showed up in the four large, cone-laden mixed evergreens in my front yard, with their soft ... -
Small cars to become cheaper – Newspaper
KARACHI: The governmentâs decision of reducing general sales tax (GST) on locally assembled cars up to 850cc to 12.5 per cent from 17pc in ... -
How much should you be earning to buy a car in the Philippines?
The past year has been challenging: Lives were lost, companies shut down, unemployment went up. Most people have tightened their purse strings during this ... -
Investors lap up Bajaj Finance despite NPA warning; stock up 10% in 2 days
Shares of Bajaj Finance continued their upward movement for the second straight day on Friday, and hit a new high of Rs 6,228.60, up ... -
Grand Prix Motors | More Than Auto Leasing
BROOKLYN, N.Y., June 10, 2021 /PRNewswire/ — Leasing, Financing, Car Sales, Trade-In, Auto Insurance, Autobody Shop – Grand Prix Motors has a variety of ... -
COMMENTARY: In today’s bizarro automotive world, dealers advertising to acquire cars
For decades, auto dealers have been constantly reinventing their advertising strategies to one-up their local competitors and entice car shoppers into their showroom. These ... -
Wells Fargo Inks $500M Deal To End Auto Protection Fee Row
Law360 (June 8, 2021, 8:23 PM EDT) — Wells Fargo has agreed to refund so-called unearned GAP fees to car buyers nationwide who paid off ... -
SoFi Personal Loan Review 2021: Competitive Rates, No Fees
Editorial Independence We want to help you make more informed decisions. Some links on this page â clearly marked â may take you to ... -
Synchrony to Participate in the Morgan Stanley US Financials, Payments & CRE Conference
STAMFORD, Conn., June 7, 2021 /PRNewswire/ — Synchrony (NYSE: SYF) Executive Vice President and Chief Financial Officer, Brian J. Wenzel, will participate in a ... -
Interview with Sameer Aggarwal, Founder & CEO, RevFin
Thereâs a huge credit shortage in the EV segment. RevFin, a fintech company, offers loans to electric vehicle (EV) operators, as also to people ...