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No Credit Car Loans News

Subprime Lending Crisis: Auto Loans Thrive, Housing Down (Time Magazine)

In the wake of the credit crisis, banks have scaled back lending to subprime borrowers. But other lenders have stepped in, making high-interest-rate loans to borrowers with low credit scores

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The Italians think Jeanne and Joe Cusimano are crazy American drivers (The Fallbrook Village News)

That Jeanne and Joe Cusimano met was serendipitous. They both happened to be at the same credit union office. Both were seeking car loans. While seated in the waiting area, she was nice enough to allow him to strike up a conversation about new cars. The rest is a rich and memorable history of romance, children and fast vintage cars. They have been married for 18 years and between them have four ...

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Younger people have trouble getting credit (CNN Money)

Getting credit? Not easy in this market. But it's even more difficult if you're between the ages of 22 and 34 according to a new survey.

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BREAKING NEWS: Sanitary Worker Hit By Car in Sissonville (WSAZ NewsChannel 3 West Virginia)

Emergency crews are on the scene of a person hit by a car in Sissonville.

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Car Wreck - Chapter 2: The Car Salesmans Language, Why They Keep Using It, Even Though You Hate It (The Auto Channel)

The Auto Channel is thrilled to be able to present a serialized version of Mark Ragsdale's "Car Wreck" to our audience. Regardless of whether you are a consumer or an industry insider you will find this book of critical importance.

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Shadow Banking System: A Murky World of Credit, Securitisation and Derivatives (The Daily Reckoning)

Most of these are interest rate and credit derivatives. As we learned in the last two years, the big risk here is to institutions which owe and own these obligations amongst one another. In our view, the degree of interconnectedness among these obligations (they still aren't unwound) still makes the entire global financial system vulnerable...

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Senators Target Wall Street, With Goldman Sachs In Mind (HuffingtonPost.com via Yahoo! News)

A quintet of Democratic senators introduced legislation Wednesday to specifically prohibit investment maneuvers that have been likened to "selling a car with faulty brakes and then buying an insurance policy on the buyer of those cars".

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