The U.S. auto loan market is definitely reviving after hitting a low point back in 2008 with the financial collapse. While credit all but dried up at that time, banks have since shown much more interest in funding auto loans with banks even starting to compete against each other for business. “Banks have had to [...]
If you’re lucky enough to have money left over at the end of the month or if you get a bonus through from work, what should you do with the extra money? Of course, many people will be tempted to spend it on nice things like clothes or gadgets, but realistically the two best options [...]
Total lending to U.S. small businesses grew again in November, according to the latest Thomson Reuters/PayNet Small Business Lending Index, adding to a positive trend. The Index, a measure of overall small business loan volume, posted an 18 percent increase in November 2011 from November 2010, reaching the highest level since February 2008. This yearly [...]
According to a new survey, more people than ever before are looking to get free advice regarding their debt. The stats published in The Telegraph this week showed that in 2011, around 1.5 million Britons sought free debt advice, up from 1.4 million in 2010. The survey, which was conducted by the Money Advice Trust, [...]
In these days of economic uncertainty, many potential homebuyers are asking their parents for help. Today buyers are facing the most stringent lending standards in decades as well as a shaky job market. They are often in need of a good chunk of change in order to qualify for a home purchase. According to a [...]