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| Motor Loan |
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Category : Finance
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New Motor Loan Interest Rate Rules
For consumers with bad credit, new motor loan rules are being instituted that would force banks to inform consumers when a bad credit rating is responsible for higher interest rates. Many in the motor loan industry have been accused of not giving consumers enough information when it comes to how much they will have to [...]
Motor Loan Industry Continues to Suffer
As more consumers debate how safe it is to add another loan to their debts, the motor loan industry is beginning to feel the pinch. New car sales are down and the rates of applications for new motor loans have fallen sharply. Many believe that until the housing crisis ends, the motor loan industry is [...]
Motor Loan Industry Continues its Slide
The motor loan industry is continuing to have problems as more homeowners are forced to pick between defaulting on their home loan or defaulting on their car loan. This could spell more trouble for years to come in auto sales as these consumers try to deal with the damage that a motor loan default can [...]
New Study Finds Motor Loans in Bad Shape in Big Cities
A new report published this week found that the cities with the largest populations are now facing the largest amount of motor loan delinquencies. Although this is to be expected to some degree, larger cities are usually more affluent and don’t see the same problems with motor loans that smaller cities experience. However, with the [...]
Motor Loan Industry Reacts to Housing Crisis
Although at first glance the two don’t seem to be related, the motor loan industry is reeling as a result of the current housing and student loan crisis. On the one hand, the housing market is killing the motor loan industry as consumers decide that it is better to default on their motor loan than [...]
Motor Loan Issues Increase
While many would not believe it, the housing crisis is beginning to have an effect on motor loans. Many homeowners are faced with such high payments on their homes that they are having to face a choice on which one to pay and their motor loans are suffering. This is turning into bad news for [...]
Motor Loan Tips
If your old car is on its last proverbial legs, it may be time to get a motor loan so that you can get a better car. Motor loans are quite common and help people get a better car than they can afford on their own. If you are considering buying a new car and [...]
Motor Loans Advice
There are many benefits to getting a motor loan, particularly if you are thinking about leasing from a dealership or paying for the vehicle outright. If the vehicle is for business purposes, a motor loan may be more beneficial, since you can usually write off the payments and the interest in this situation. Even if [...]
Motor Loan
When you need to buy a new car, it makes sense to get a motor loan to handle the purchase. First off, you’ll be able to afford a much nicer car and you won’t have the burden of paying for it up front. There are many different types of motor loans and they will vary [...]
Motor Loan Defaults Increasing Exponentially
A new report shows that motor loan defaults are increasing at an astounding rate as consumers try to balance their budget between rising mortgage costs and high rate motor loans. Most are deciding that their homes are more important and they are going into default on their high rate motor loans. However, experts are encouraging [...]
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