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High Risk Auto Loans Headlines

American Banks Prove Inferior to Canadian Banks Led by TD - Bloomberg


American Banks Prove Inferior to Canadian Banks Led by TD
Bloomberg
By sticking to consumer lending and avoiding high-risk subprime loans and structured products, the Canadian lender posted profit of almost C$3 billion ($3 billion) in US consumer banking over the past three years, while bigger banks such as Bank of ...

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China Puts US Auto Industry At Risk: Steel And Auto Unions Tell Uncle Sam To ... - Manufacturing & Technology News


China Puts US Auto Industry At Risk: Steel And Auto Unions Tell Uncle Sam To ...
Manufacturing & Technology News
By Richard A. McCormack The federal government needs to initiate a comprehensive trade case against China in order to save hundreds of thousands -- or perhaps as many as 1.5 million -- jobs in the US automobile industry, according unions and trade ...

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Republicans hear a political note in Chrysler ad - Los Angeles Times


Los Angeles Times

Republicans hear a political note in Chrysler ad
Los Angeles Times
Karl Rove and others heard an implicit defense of President Obama's auto bailout. The company denies such an intention. In Chrysler's Super Bowl ad, Clint Eastwood talks about American resilience. Some Republicans saw it as a defense of President ...

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TEXT-Fitch on prime, subprime auto ABS - Reuters


TEXT-Fitch on prime, subprime auto ABS
Reuters
Fitch expects the volume of subprime auto loans to increase even more significantly than prime loans in 2012 and issuance will come from a wider variety of issuers. This sector is particularly vulnerable to the risks of excessive or irrational ...

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Tighter financing spreads to auto sector - The Edge Malaysia


Tighter financing spreads to auto sector
The Edge Malaysia
“The banks will stop lending to people who want to take third car loans in their names as it is found that borrowers with more than two car loans pose the highest risk of non-performing loans. Buyers taking first car loans will still be able to secure ...

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Nashville area's consumer debt level ticks higher - The Tennessean


Nashville area's consumer debt level ticks higher
The Tennessean
Needing a co-signer because you're a high credit risk. » Carrying more than four credit cards. Credit counselors suggest no more than two. Geoff Butterworth “was in a decent place” five years ago. He had a good-paying job as a music teacher at a Smyrna ...

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Regulators act against Edina's Crown Bank - Minneapolis Star Tribune


Regulators act against Edina's Crown Bank
Minneapolis Star Tribune
The Edina bank's problem loans include $3 million to onetime Carlson heir Curtis Carlson Nelson, who has filed bankruptcy. Crown Bank's client list has included a rogue's gallery of customers, including fallen auto king Denny Hecker, bankrupt former ...

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