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Along with more insight about how much negative equity is an industry hurdle, the latest auto finance data from Edmunds highlighted how affordability challenges triggered by stubbornly high interest ...
A new CFPB report, Negative Equity in Auto Lending, contains an analysis of data relating to the financing of negative equity in vehicle trade-ins. The report uses data collected by the CFPB in ...
WILMINGTON, Del. — Auto Equity Loans, a provider a short-term loans based on "clear and free" auto loan titles, announced it is opening three new offices in Wilmington, Bear and Newark, Del. "Banks ...
On June 17, the CFPB published the first report in a series that will analyze detailed information from nine major auto lenders – including banks, finance companies, and captive lenders – following ...
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Negative Equity in Auto Loans is Out Of Control
Negative equity is wreaking havoc in the automotive industry, and it’s affecting car buyers, sellers, and banks alike. In this video, Lucky Lopez dives deep into the growing auto loan crisis, ...
Using a home equity loan or HELOC to buy a car puts your house on the line for a depreciating asset. Here's when—if ever—that ...
When buying a car, many consumers overlook the way upfront interest affects their auto loans, leading to financial risks. One critical issue tied to this is negative equity—owing more on your car loan ...
Car Pro Show host Jerry Reynolds has tackled the topic of being upside down in your vehicle - when you owe more than it's worth - on his FAQ page and has repeatedly warned of the dangers on the Car ...
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