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Category: Automotive Loans

UNITED STATE Home Debts Struck Record High In First Quarter– Update

The information werent readjusted for rising cost of living, and also household financial debt remains below previous levels in connectionin connection with the dimension of the total United States economic situation. In the very first quarter, overall debt was 66.9% of small gross residential itemgdp versus 85.4% of GDP in the 3rd quarter of 2008. […]

TrueCar Rallies 10% After AutoNation Opens Door For Collaboration Between Cos (NASDAQ: TRUE)

TrueCar (NASDAQ: REAL) jumps 10% in about quadruple the average daily volume over the previous 3 months after the Wall Street Journal reports that AutoNation (AN) is opening the door for a partnership with TrueCar. AutoNation President Mike Jackson informed the WSJ in an interview the dealership chain will pilot TrueCars new method in 55 […]

TrueCar Drops 6% After Company Swings To Loss In Q1 Vs Year Ago, Sales Marginally Ahead Of Analyst Price Quote …

TrueCar (NASDAQ: REAL) dropped 6% after the company reported a Q1 adjusted loss per share of $0.07, in line with the $0.07 loss-per-share typical estimate from analysts polled by Capital IQ. Sales rose to $61.9 million from $57.4 million in the year-ago period and above the $61.2-million agreement. Changed bottom line in the three months […]

ASIC Bans Perth-based Broker

ASIC has banned a Perth-based motor vehicle finance broker for 8 years for misleading economically vulnerable customers. Rana Turkington Hepi, of Port Kennedy, Western Australia, has been prohibited from industry after an ASIC investigation found she had engaged in deceitful and deceptive conduct arranging motor car finance for at least 3 their clients in between […]

Santander Consumer USA Holdings Inc (NYSE: SC) Declared Q3 Earnings Date

[Zacks] Santander Consumer USA Holdings Inc (NYSE: SC)(PATTERN ANALYSIS) is set up to reveal third-quarter 2015 outcomes on Oct 29, prior to the marketplace opens. Last quarter, Santander Consumer UNITED STATE surpassed the Zacks Agreement Estimate, driven by a rise in net finance and other interest income along with other income. Nevertheless, these were partially […]

CFPB Continues To Do Something About It Against Offenders In Financial Obligation Collection Solutions

CFPB Takes Action Against Servicemember Auto Lender Security National Automotive Acceptance Company On October 28, 2015, the Consumer Financial Security Bureau (CFPB) filed a management order versus Security National Automotive Acceptance Business (SNAAC), a car loan provider concentrating on loans to servicemembers. In June 2015, the CFPB submitted a claim against SNAAC, which declared SNAAC […]

Banks Go From Retail To Upscale: United States Bank Joins Trend

Jorgensen stated United States Bank provides international currency exchange at its Cerner Corp. school branch to help employees who are taking a tripcircumnavigating the world. Its Sprint Corp. area is now one of the banks biggest sources for new loans in the country, with workers seeking mortgages and house equity loans. The university branches do […]