Poor Credit Auto Loans

Ford selling $1B of bonds backed by auto loans

Ford Motor Co. is marketing $1 billion of bonds backed by auto loans after vehicle sales last year reached a four-year high, according to a person familiar with the deal.

Schaeffler Inks New Credit Agreement; Plans To Tap Bond Market

German engineering firm and auto-parts maker Schaeffler Group said Friday it completed a new credit agreement worth EUR8 billion with eight banks, replacing a deal signed in Nov., 2009, in order to improve both the maturity profile of its liabilities and financing costs.

Lynch vetoes bill that would allow interest rates to top 400 a year

CONCORD ? Gov. John Lynch vetoed Senate Bill 160 Friday which would allow payday loan lenders to charge more than 400 percent interest over a year's time.

US auto industry to post another good sales year

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth — the result of easier credit, low interest rates and pent-up demand for cars and trucks created by ...

S&P says assets in Korean RMBS, ABS stable in 2012

TOKYO : The performance outlook for assets underlying Korean residential mortgage-backed securities (RMBS) and asset-backed securities (ABS) transactions remains stable for 2012, Standard & Poor's Ratings Services said in a report published today.

US auto industry looks ahead to another good year

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created ...

US auto sales poised for another year of growth

After hitting a 30-year low in 2009, U.S. auto sales are poised for a second straight year of growth in 2012 — the result of easier credit, low interest rates and pent-up demand for cars and trucks created ...