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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 ...
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 ...
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 ...
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 ...
While auto equity loans aren’t very common, they allow you to borrow against the equity you have in your car. Your equity is the difference between your auto loan’s balance and how much your car is ...