Auto lenders originating longer loans...

Posted on Apr 12 2012 by
With interest rates at their lowest level since 2008 and an increasingly competitive market, automotive lenders are increasing their willingness to make loans between six and seven years long: Auto loans of 73 to 84 months...

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Auto loan originations increase significantly for some credi...

Posted on Mar 16 2012 by
Lenders are increasing loans to credit-challenged customers. According to Experian's quarterly automotive credit analysis, 21.87 percent of all new vehicle loans went to customers in the nonprime, subprime and deep-subprime...

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