Latest Auto Loan Rate news:

Durbin seeks cap on consumer loan interest rates
Proposed law would end rates higher than 36% U.S. Sen. Dick Durbin (D-Ill.) has taken aim at the high-interest-loan industry, introducing a bill proposing to cap rates charged for payday loans, car title loans and other forms of consumer credit at 36 percent annual interest.
Read more News Source - Chicago Tribune
Publish date - 16:20:55 07/19/08

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Citigroup posts $2.5B loss on loan defaults, still beats view
Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.5 billion shortfall was smaller than Wall Street anticipated.
Read more News Source - USA Today
Publish date - 18:03:11 07/18/08

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Capital One profit drops 40 percent on rising loan-loss provision
Capital One Financial Corp. said Thursday its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets.
Read more News Source - Long Island Business News
Publish date - 12:32:29 07/18/08

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Retail loan growth begins to taper
High inflation, carnage in the stock market, and rising bad loans have adversely impacted retail loan disbursement across most players.
Read more News Source - The Economic Times
Publish date - 21:50:46 07/17/08

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Morgan Reports a Drop of 53% in Quarterly Net
JPMorgan Chase said credit card and home loan losses spread to borrowers with the strongest credit histories.
Read more News Source - The Hendersonville Times-News
Publish date - 14:31:03 07/19/08

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Citigroup posts loss of $2.5B as more consumers fail to make loan payments, still beats view
NEW YORK (AP) _ Citigroup has become the latest big bank to quell Wall Street's worries about a financial sector implosion, posting a $2.5 billion second-quarter loss that was smaller than expected.
Read more News Source - The Morning Call
Publish date - 19:34:40 07/18/08

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Charter Financial Reports Fiscal Third Quarter Earnings
- Net income of $1.7 million - Core capital of CharterBank twice required level - Net charge-offs of $114,000 - $600,000 provision for loan losses - Sold one million Freddie Mac shares after quarter end
Read more News Source - Fox News
Publish date - 16:32:56 07/18/08

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Feds wrongly seize millions in income
The reports keep coming that show consumers are still having difficulty paying their debts.
Read more News Source - The News & Observer
Publish date - 05:35:57 07/20/08

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Capital One earnings fall in second quarter
Capital One Financial Corp. said this week that its second-quarter earnings fell 40 percent due to a sharp increase in its loan-loss provision amid further deterioration in the credit markets.
Read more News Source - New Orleans Times-Picayune
Publish date - 19:32:29 07/18/08

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Capital One profits plummet 40%
An increase in bad-loan provisions weighs on second-quarter earnings at the financial services firm.
Read more News Source - CNN Money
Publish date - 21:35:41 07/17/08

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20 things to know about auto insurance
Shop around, understand the value before you buy, and maximize what you're getting for auto premiums.
Read more News Source - Bankrate.com via Yahoo! Finance
Publish date - 12:47:33 07/16/08

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Citigroup posts $2.5 billion loss but beats expectations
NEW YORK - Citigroup posted another loss and laid off 6,000 employees in the second quarter as it struggled with surging loan defaults, but the $2.
Read more News Source - San Jose Mercury News
Publish date - 14:10:28 07/18/08

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Del. economy should see a rebound in mid-2009
What does last week's economic turmoil mean to Delaware residents? Reporter Jeff Montgomery put the questions about the likely economic impact upon the state to John Stapleford (right), professor of economic development at Eastern University in...
Read more News Source - The News Journal
Publish date - 07:55:07 07/20/08

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Decision to pay off home mortgage early isn't always so simple
With all the recent focus on lending practices, foreclosures and economic pressures in general, I've been getting a lot of questions from readers concerning the pros and cons of paying down a mortgage. Understandably, many people are concerned that carrying a mortgage might be a detriment to their financial future. And those struggling to meet their monthly mortgage payments are wondering if ...
Read more News Source - The Oklahoman
Publish date - 05:18:51 07/20/08

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Citigroup posts $2.5B loss, but beats expectations
NEW YORK (AP) -- Citigroup has become the latest big bank to assuage Wall Street's worries about the financial sector, posting a $2.5 billion second-quarter loss that was smaller than the market expected.
Read more News Source - Madison Daily Leader
Publish date - 07:20:14 07/20/08

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