Stories Tagged as
Auto loans
Auto-loan market starting to spook lenders
May 12, 2017
The state of the auto loan market is causing some concern among analysts. Many are drawing comparisons with the mortgage-lending crisis that figured largely in the financial crash of 2008. At issue is the growing number of riskier, subprime loans. Default rates are going up too. And lenders are starting to get spooked. Click the […]
LendingClub expands its business around auto loans
Oct 25, 2016
LendingClub, the peer-to-peer loan company, is getting into the auto loan business. Americans borrow over $500 billion a year to help pay for their cars. But there’s a lot of room on the road for more business — only $40 billion a year is refinanced. Also, Lending Club says the company has already invested in its […]
Just how healthy is the auto loan industry?
by
Annie Baxter
Sep 7, 2016
Experian says borrowers are "very prime," but not everyone agrees.
Are booming auto loans risky for banks?
Mar 3, 2016
We're borrowing more cash than ever to buy cars - and banks are happy. For now.
Auto sales buoyant as consumers get cheap credit
by
Andy Uhler
Aug 17, 2015
New loans for cars and light trucks have surpassed $1 trillion for the first time.
For public good, not for profit.
The numbers for October 2, 2014
by
Tony Wagner
Oct 2, 2014
Loan fraud, prison banks and domain name speculation: Here's what we're reading.
Are long-term auto loans a bad deal?
Apr 12, 2013
Marketplace Economics Correspondent Chris Farrell explains why long-term auto loans, which are boosting car sales, could be a bad deal for borrowers.
Americans are getting back together...with their debt
by
Kai Ryssdal
Mar 12, 2013
Americans are reigniting their love affair with debt. Sure, it spurred a financial crisis. But it's also good for the economy.