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Get your Dream Car - Get a Car Loan


You've probably spent years thinking that your dream car is out of your reach. But have you though about a car loan? That car you've always wanted could be just within your grasp!

America is a nation of car owners. With over 133 million cars on the road, that means that there are 1.24 cars to every house in America! The amazing fact is that over 70% of these vehicles are purchased using car loans.

With a huge range of car loans available such as direct loans or dealer loans, it's difficult to work out how much you can afford or which is best for you. Follow these top ten tips and you can't go wrong!

Top Ten Tips - Getting the right car loan for you

1. Before anything, check your credit rating. If you have a credit score


MORE RESOURCES:

Banks on sticky wicket as textile sector loans on verge of turning bad
Economic Times
Now companies say they can't even pay interest on Rs 50000 crore in working capital loans. Up to 15% of loans to this industry are stressed and the number is rising fast. In today's precarious times, such a gaping hole could be the last straw for banks ...
Bad loans rise at a faster clipLivemint
Banks ask borrowers to cover their personal loans, overdraft facilitiesBusiness Standard
Rise in NPA makes PSU banks lag private peersmydigitalfc.com
Hindu Business Line
all 12 news articles »


Bad loans were legally hidden as Lenihan made pledge
Irish Times
The flaw allowed banks to conceal substantial losses on troubled loans. It reversed the pre-2005 rules under which banks were forced to recognise immediately, losses on bad lending. From 2005 onwards banks were required to wait until the borrower ...

and more »


INDABA: Global Mining, Metals Loans, Bonds Rose In 2011 As IPOs Faded -E&Y
Fox Business
Bank loans for 2011 totaled $187 billion, with about half related to refinancing, consultancy-and-accounting firm Ernst and Young said. Bank loans were up 2% on the year while corporate-bond issues were up 16% on the year at $83.8 billion.

and more »


President Obama's student loan debt relief plan goes into effect early
Daily Sundial
By Irene Nesbitt Graduate students received financial assistance from President Obama's student loan debt relief plan last month. Originally, this was supposed take place on Jan. 2014, but in the midst of the tuition and loan crisis students will see ...

and more »


SBA lending returns to pre-boom levels
Washington Post
A steady flow of new loans backed by the Small Business Administration in the Washington area is helping some institutions return to the pace of lending that was common in the pre-boom years. Through the three months ended Dec.

and more »


Daily Mail

'Pay-day' loans used to fund plastic surgery: Website deals linked to 'good looks'
Daily Mail
By Vanessa Allen Pay-day loan firms came under fire yesterday for offering unsecured lending arrangements to fund cosmetic surgery. Glossy websites promote short-term pay-day deals alongside unsecured loans to pay for operations including face lifts, ...

and more »


Loan growth likely to moderate this year
The Sun Daily
PETALING JAYA (Jan 6, 2012): Housing loan growth continued to expand at a robust pace in December, although the true test of the sector's strength will be in January when tougher lending measures by the banking sector to control ballooning household ...



Change.org

Online Campaign Prompts Sallie Mae to Change Fee Policy for Loan Suspensions
New York Times
On Thursday, three months after Bank of America backed down from imposing a $5 monthly debit card fee in response to an online Change.org petition that collected 300000 signers, Sallie Mae, the nation's largest private student-loan provider, ...
Sallie Mae will credit $50 fee to suspend paymentsSan Francisco Chronicle
Jobless grads rap Sallie Mae over loan feeMarketWatch
Student borrowers fight Sallie Mae's 'jobless penalty'Monmouth Daily Review Atlas

all 202 news articles »


PR Web (press release)

Payday loan advocate omits pertinent facts
Columbia Daily Tribune
What she failed to say is that her group is funded by the payday loan industry, the same group that sent threatening letters to churches across the state. Churches are speaking out in favor of capping the rate because they are all too familiar with the ...
Same Day Payday Loan Introduces New “How it Works” ResourcePR Web (press release)

all 7 news articles »


Banks to take a hit on US home loans
Financial Times
The Obama administration, which recently announced the formation of a new state and federal unit to investigate alleged frauds involving home loans and mortgage-backed securities, intends to use the threat of litigation against large US financial ...
HUD Secretary Expects “Substantial” Payment of Foreclosure Fraud Settlement ...Firedoglake

all 2 news articles »

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