Why are car finance terms so confusing?

The word “auto” can seem daunting, but in reality, you can’t really use the term without a lot of context.So we’ve compiled a list of some common car finance questions you may be wondering about.1.What is a car finance term?A car finance is an agreement between a consumer and a dealership, typically in exchange for […]

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Why investors are buying auto loans even as carmakers struggle

The mortgage market has long been the focus of investors, with auto loans a common source of income for many Americans.But that may be changing.The number of auto loans being backed by investors in the United States rose 10% in the fourth quarter to $3.57 trillion, up from $2.97 trillion in the first quarter, according […]

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How to get a deal with the banks on auto financing

The financial industry and the auto industry are at odds.The banks and the car companies want to protect their interests.So they’re trying to hammer out a deal.The banks and auto companies are both on the same page about the need to protect the financial system and the people who run it, including borrowers and lenders.But […]

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