Consumer borrowing in January posts first gain in nearly a year, reflecting rise in auto loans Consumer borrowing broke a record stretch of declines with a small increase in January as a boost in auto loans offset continued weakness in credit card ...
Borrowings by Americans rose for the first time in a year in January, the Federal Reserve said Friday in a sign that the US economic recovery is on track. The central bank said that consumer credit rose 2.4 percent or 5.0 billion ...
TransUnion data shows fewer customers behind on repaying auto loans during 4th quarter TransUnion said Monday that customers at least 60 days past due on repaying auto loans fell 6 percent during the fourth quarter compared with the same period a year ...
<div id="subtitle">Penske Truck Leasing to begin selling used commercial trucks on eBay Motors</div><div><p>Penske Truck Leasing Co. will begin selling used commercial trucks through the auction Web site eBay, the company said Wednesday.</p><p>Penske Truck Leasing — a joint-venture between Penske Corp ...
<div id="subtitle">More auto loan payments fall behind in 2nd-qtr than last year, but rate improves from 1st-qtr</div><div><p>The rate at which people were late making auto loan payments rose in the second quarter as consumers struggled amid rising job losses.</p><p>For ...
<div id="subtitle">Losing ground in auto financing, GMAC to offer new financial incentives to dealerships</div><div><p>GMAC Financial Services, the former financing arm of General Motors Co., is making a new push to recapture its share in the auto financing business by offering incentives to ...
