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New loans for cars and light trucks have surpassed $1 trillion for the first time.
Loan fraud, prison banks and domain name speculation: Here's what we're reading.
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 reigniting their love affair with debt. Sure, it spurred a financial crisis. But it's also good for the economy.
Like homeowners, car owners are taking advantage of low interest rates to refinance high-cost auto loans.
Cheap credit is boosting car sales. But more buyers are taking loans of up to seven years. Monthly payments are lower; the total cost is higher.
The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.
Consumer borrowing is on the rise. Here's the thing: Credit card borrowing is down. Student loans and auto loans — investment debt — is up.
And this final note. For all the pronouncements that we'd become better, smarter savers out of the financial crisis, looks like the wallets are out…