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How You Will Spot a Worthy Car Loan

by Sandy Maseko You should attain and keep a good credit rating ... know when you begin your search online for a new or used car loan is that you are going to see interest rate ... a higher interest rate on the lending amount. If a borrower gets a car loan at low annual percentage [more...]

Date: 2008-09-23 07:26:45

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Combat Crisis with Low Interest Payday Loans

by katie George A posh car or a toy car; what it needs to make it your own is money. Difference lies only in the amount ... . About the Author: Credit Card Deals Information on the Risks of Debt Consolidation Related Articles ... small needs. Concentrating the latter, low interest payday loans have come in to being [more...]

Date: 2009-01-06 08:48:23


What's going on with GMAC's car loan standards?

Filed under: TransportationFlush with capital from taxpayers, GMAC is lowering its underwriting standards ... loans up to 700. Now credit scores as low as 621 will qualify for some form of GMAC finanncing ... to Equifax, this is an approximate breakdown of Americans' credit scores; 15% of the U.S. population [more...]

Date: 2009-01-02 23:00:00


Mulally: Car Czar should keep hands off product decisions

Filed under: Government/Legal, Ford Now that General Motors and Chrysler have accepted Federal assistance in the form of low-interest bridge loans, ... to make product recommendations to senior management. In fact, that's exactly what the so-called car ... administration, Ford's CEO said, "My god, I hope that a car czar does not get into the product [more...]

Date: 2009-01-14 13:56:00


The Lending Lunacy Continues as GMAC Gives Out More Bad Loans

This past week the Treasury used $5 billion of funds from the Troubled Asset Relief Program ((TARP)) to purchase senior preferred equity in GMAC, the financing arm of General Motors (GM). GMAC reacted immediately to deploy the funds by lending to new car buyers with credit scores as low as 621 [more...]

Date: 2009-01-01 11:02:24


Eliminating Debt in 5 Easy Steps

by John Major It is unfortunate that in today’s economy, debt rules all. From the deepest spots of our wallets, we have charged ourselves to the point of no return. The commercials and ads promising a better car, newer home and more of this and that are all based on lines of credit and bank loans. Our children have been raised in this economy where paying for something means a monthly payment and a low or high interest rate; this is why debt elimination is needed. [more...]

Date: 2009-09-24 11:39:25



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