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Foreclosures to Rise As 'Liar Loans' Sour
The housing market - already awash in subprime foreclosures - is now getting hit with a second wave as homeowners with "liar loans" default in record numbers. (Aug. 18)

CHEAP CAR LOANS DON'T ALWAYS MEAN SAVINGS / CLAIMS CREDIT UNION OFFICIAL
NEW YORK - Cheap loans handed out by car dealers may not provide all the savings they imply, according to some credit union officials. The ""bargain'' loan offers, many of which expired earlier this month, have been described by a General Motors Corp. executive as ""the most effective

Publication: The Journal Record

GM spruiks cheap loans to woo Chinese car buyers.
Aug 21, 2007 (The Australian Financial Review - ABIX via COMTEX) -- US car maker, General Motors (GM), is offering cheap loans to counter competition in the Chinese market. Shanghai GM, a joint venture with Shanghai Automotive, is giving interest-free loans with a 40 per cent down-payment to

Publication: Australasian Business Intelligence

Shop for cheapest loan when buying a car
THIS ELECTRONIC VERSION MAY DIFFER SLIGHTLY FROM PRINTED VERSION To save as much as several thousand dollars in finance charges, pay for the car in cash or make a large down payment. Always get the shortest term loan possible as this will lower your interest rate. Make certain to get a rate quote

Publication: Post-Tribune (IN)

Steering Clear of Latest Car-Loan Pitch; Dealers Are Telling Buyers That Borrowing Is Cheaper Than Paying Cash
Although car-loan payments have become a permanent part of many Americans' financial lives, there remain a fortunate few who because of high incomes or disciplined saving are able to pay cash when they buy an automobile. But even if you are among that lucky minority, you may still wonder whether

Publication: The Washington Post

Drive a serious bargain on your 2007 car loan There is a knack to getting the cheapest deal on a shiny, brand new motor. John Greenwood looks under the bonnet of car dealership finance and explains how to rev up those savings
With the new September "57" plates arriving this week, thousands of us are on the point of yielding to temptation and buying a gleaming, brand new car. Everybody knows that new cars are expensive but thousands of us are paying more than we need to as a result of finance deals signed in the showroom

Publication: The Sunday Telegraph London

CHEAPER CAR LOANS LIKELY; MORTGAGES WON'T DROP MUCH.(News)
Consumers can expect some relief from the Federal Reserve's decision to cut interest rates yesterday, with lenders likely to trim rates on car loans and other debt, economists say. But long-term mortgages will fall only slightly, they predict. Yesterday, the Federal Reserve actually cut the

Publication: Seattle Post-Intelligencer (Seattle, WA)


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