Bad Credit Won't Scare Off Car Dealers But High Rates Go Along With Loans.(Originated from The Salt Lake Tribune)
May 6--No credit? Bad credit? No problem! Signs promising that Your Job is Your Credit hang over automobile dealerships from Logan to St. George. They beckon Utahns who have big dreams but are short on cash and credit -- the victims of divorce, corporate downsizing, illness and sometimes just plain

Publication: Knight Ridder/Tribune Business News

CUs Feeling Fallout From Agressive Car Loan Market.(specifically First Entertainment Credit Union and Credit Union Direct Lending)
One year into an auto lending market in which consumers have become accustomed to 0% APRs, and some credit unions are feeling the fallout in loan volumes, ratios within their auto portfolios, and in the value of collateral pledged against used car loans. Especially here in what is not just the

Publication: Credit Union Journal

Detroit's quick-draw credit. (finance arms of carmakers show losses due to bad loans)
Detroit's quick-draw credit DESPITE six years of economic growth in America, credit problems are festering - and not just in the thrift industry. Take car loans. Loan losses at the finance arms of America's three biggest carmakers - General Motors, Ford and Chrysler - are rising. At General Motors

Publication: The Economist (US)

Analysis: Why it's a bad idea to owe more money on your car loan than the car is worth
MADELEINE BRAND, ALEX CHADWICK NPR Special 05-04-2004 Analysis: Why it's a bad idea to owe more money on your car loan than the car is worth Host: MADELEINE BRAND, ALEX CHADWICK Time: 4:00-5:00 PM MADELEINE BRAND, host: I'm Madeleine Brand and this is DAY TO DAY. Here's a term more and more car

Publication: NPR Special

CREDIT PROBLEMS? 'SUBPRIME' CAR LOAN'S THE ANSWER.(BUSINESS)(Column)
Byline: JANE BRYANT QUINN Practically anyone can get auto financing today. And I really mean anyone. For example, maybe your credit is bad because you once had trouble paying bills. Maybe your past credit is good but you're currently out of work. Maybe you've already borrowed more money than you

Publication: Rocky Mountain News (Denver, CO)

USED-CAR LOAN COSTS MAY RISE UNDER NEW BILL< BACKERS OF THE PROPOSAL APPROVED BY THE SENATE SAY CHANGES ARE NEEDED SO MORE PEOPLE CAN GET LOANS.(TRIAD)
Byline: Mark Binker< Staff Writer RALEIGH -- Depending on whom you listen to, a change in the way finance companies and car dealers can calculate loans on used vehicles will either let more people get the wheels they need or put those who can least afford it deeper in debt. The most lenders can

Publication: The News & Record (Piedmont Triad, NC)