On Your Side: Getting a Loan (KNVN Chico-Redding)

How does the financial crisis effec your chances of getting a home or car loan. Action News reporter Owen Clark sat down with Tri Counties Bank C.E.O. Rick Smith to answer come crucial credit questions and to figure out where he thinks the credit market is heading.

How hard is it to get a car loan in East Texas? KLTV 7's Courtney Lane finds out (KLTV 7 Tyler)

Some of you may be in the market for a new car that gets better gas mileage. However, the financial crisis may have you feeling a little discouraged. So, we wanted to know how difficult it is for you to get a car loan right now.

Ahead of the Bell: Car makers and govt. loans (AP via Yahoo! Finance)

Passage of a $25 billion government loan program on Saturday should be good news for auto stocks, but concerns remain that continued tight credit for auto loans will hamper the sector's sales and earnings for the rest of the year.

Timing critical in lifeline to car industry (Fort Wayne Journal Gazette)

DETROIT â€" If credit remains locked up and auto sales continue to slump, the federal government’s $25 billion loan package for the auto industry could be a huge help in keeping Detroit’s downtrodden automakers afloat, according to lawmakers and industry analysts.

Nigeria: Bayelsa AC Tasks Sylva Over Proposed $10 Billion Development Fund (AllAfrica.com)

Bayelsa leaders of the Action Congress (AC), weekend challenged the administration of Governor Timipre Sylva to explain the reasons for its decision to shop for a $10billion loan few months after the procurement of a N75billion loan from five banks without the existence of completed projects in the state.

ProLease Vehicle Leasing Helps Battered Houston Economy - Houston Car Leasing Company Thrives Amidst Down Economy and ... (PRWeb via Yahoo! News)

Recent news headlines have announced that banks and credit unions have stopped funding auto leases, including Wells Fargo & Co. one of the largest financial backers of car leases last year. Many auto manufacturers have followed suit, including an announcement from Chrysler last month saying they have stopped offering auto leases all together.

Senate Approves $25B Loan, Fortunes Improve For U.S. Automakers (The Car Connection)

On Saturday, one half of our bicameral legislature, the U.S. Senate, passed the $25 billion low-interest loan guarantee package to the struggling U.S. auto giants. To recap, this money is largely desired by and designed for Ford, General Motors, and Chrysler, who have been hit especially hard by declining sales of their full ..

Hank's last stand (CNN Money)

On Sept. 11 of this year, an eerie morning stillness envelops lower Manhattan as a deep-blue Mercedes sedan pulls up alongside the state courthouse building on the outskirts of Chinatown. A spry, gray-haired man in a dark suit emerges from the car. He strides to a back entrance, too preoccupied to notice the small cluster of elderly Chinese Americans doing tai chi.

What was your most memorable pro bono case? (BizJournals)

Quick call to the bank fixed problem Bernard Faller, private practice attorney “An elderly lady with limited education, who never held a driver’s license, thought she co-signed a note for her grandson’s purchase of a car,” said Faller. But instead, the dealership “put the car in her name and charged her $37,000 for a used car worth $16,000 that could be purchased new for $22,000.”

Chrysler plans to sell electric car in 2010 (AP via Yahoo! News)

Chrysler LLC charged up the electric car race Tuesday, muscling in on General Motors Corp.'s Chevrolet Volt by unveiling three electric-powered models and promising to put one of them on sale in the U.S. sometime in 2010.

Two men arrested in Naugatuck bank robbery (Republican-American)

NAUGATUCK -- A Naugatuck Valley Savings and Loan branch on New Haven Road was robbed at gunpoint early Monday afternoon, and two New Haven men were arrested after a high-speed car chase from Naugatuck to Seymour on Route 8.

Schaeffler May Have to Shoulder EU10 Billion Loan, Paper Says (Bloomberg)

Sept. 25 (Bloomberg) -- Schaeffler Group, the family-owned ball-bearing maker buying Continental AG , may have to take on loans of more than 10 billion euros ($14.6 billion) for the acquisition of about 90 percent of the car-parts manufacturer's stock, Financial Times Deutschland said.

All eyes on payday lending struggle in Ohio, Ariz. (Washington Post)

COLUMBUS, Ohio -- The payday loan industry is bankrolling ballot issue campaigns in Ohio and Arizona to preserve the average 391 percent annual interest rates they charge, as the two states become the focus of industry watchers and consumer advocates.

Credit Crunch Affects Car Loans (KMGH 7 Denver)

Lenders are tightening their pursestrings, crunching the credit of consumers before they can get a loan. This not only puts consumers in a bind but it's also particularly tough on dealerships that find themselves with quite a bit of inventory.

THE $700-BILLION PLAN: Auto lenders push to add car loan debts to bailout (Detroit Free Press)

WASHINGTON -- The auto lending industry jumped into the debate Tuesday over a $700-billion bailout for the U.S. financial market, warning that car loans could be choked off should lawmakers fail to restore the flow of money through Wall Street.

Wall Street woes trounce car sales (The Press-Enterprise)

DETROIT - The troubles on Wall Street are clobbering the car lot on Main Street, with automakers and dealers saying tougher credit requirements are knocking potential buyers out of the market at a time when the struggling industry can least afford it.

Chrysler plans to sell electric car in 2010 (San Francisco Chronicle)

Chrysler LLC charged up the electric car race Tuesday, muscling in on General Motors Corp.'s Chevrolet Volt by unveiling three electric-powered models and promising to put one of them on sale in the United States sometime in 2010. The company showed reporters...

Sales slow for local car dealers as economy tumbles (WWL-TV, Channel 4 New Orleans)

Longtime Picayune car dealer Dub Herring says, he hasn't seen a slump in car sales like this one, since the late 70s. "It lasted for about six months all together. But this one has just fell off the cliff, and it hasn't come back yet,” said Herring.

Economic Problems Hurting Car Dealers, Buyers (FOX 5 News Atlanta)

ATLANTA (MyFOX Atlanta) -- The economic problems are hurting both car dealers and car buyers. The upheaval in the banking industry means even if you're ready and willing to buy -- it's a lot harder to get a loan to finance the purchase.

GM executive praises federal loan program (Denver Post)

General Motors Corp. chief executive Rick Wagoner said Thursday that the automaker should be able to put to good use its portion of a $25 billion government loan package for new technology. Wagoner said many of the loan program's specifics still must be written by the Department of Energy, but GM can live with the version the House approved Wednesday. "We'd like to see them written to include ...

Bailout talk: Car-buyer loans, aid for automotive credit industry (Detroit Free Press)

WASHINGTON -- Loans for car buyers -- and aid for the automotive credit industry -- joined the debate today over a $700-billion bailout for the U.S. financial market, as lawmakers grappled to define the scope of the problem and how they should react.

Chrysler Says US Goverment Loans Needed To Speed-up Auto Technologies (The Auto Channel)

AUBURN HILLS, Mich., Sept 23, 2008; Kevin Krolicki reporting for Reuters wrote that Chrysler LLC Chief Executive Bob Nardelli said on Tuesday that without a low-cost government loan package, the automaker would be forced to cut costs more deeply to free up funds for electric car technology.

Loan sharks’ actions push mum to sever ties with gambler (The Star)

IPOH: She gave him everything she could -- a car and even a shoplot to start his coffee-shop business. But 70-year-old Lai Kim Fah’s love for her second youngest child Tai Lum Poh ended when Ah Longs (loan sharks) started to harass her over his debts.

Rising National Debt Looms In Graduates' Financial Future (CBS News)

Once she graduates, it may be difficult for Megan Culbreth, a junior in biochemistry, to get a loan. That's a loan for college or for a car or even a mortgage on a house. And it's all due to a debt that the United States has racked up over the years -- a debt that, with a downturn in the financial sector of Wall Street, has brought into question America's ability to repay its debt.

House approves $25 billion loan program for automakers (USA Today)

The auto industry moved a step closer to winning the first of two battles it's been waging in Washington for the past few weeks: A $25 billion direct loan program for automakers and suppliers was attached to a broad government spending bill approved Wednesday by the House of Representatives.

Chrysler sparks up electric car race (The New Zealand Herald)

MICHIGAN - Chrysler said it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors in the race to put a mass-produced electric vehicle on American roads.

Chrysler plans electric car for 2010 (Traverse City Record-Eagle)

Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads.

Chrysler Plugs Into Electric Car Market (The Tampa Tribune)

Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads.

Chrysler plans to sell electric car in 2010 (Detroit News)

Chrysler LLC said today it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads.

Chrysler plans to sell electric car in 2010 (Washington Post)

AUBURN HILLS, Mich. -- Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads.

Chrysler plans to sell electric car in 2010 (AP via Yahoo! Finance)

Chrysler LLC said Tuesday it will put an electric car on sale in North America in 2010, revealing that despite missing out on the buzz surrounding the Chevrolet Volt, it is neck and neck with General Motors Corp. in the race to put a mass-produced electric vehicle on America's roads.

Iowa sends few FEMA loan applications (The Daily Iowan)

Although the summer flood affected homeowners, renters, and businesses in nearly 85 percent of Iowa's counties, residents are showing little interest in support loans from Federal Emergency Management Agency. As of last week, only 11 percent of the 24,725 loan applications sent to homeowners and renters across Iowa were returned and accepted, FEMA spokesman Vince Clark said. Of the 7,055 ...

GM calls loan guarantees vital (The Globe and Mail)

The credit crisis roiling Wall Street makes the $25-billion (U.S.) loan package for U.S. auto makers even more critical than it was a month ago, says Ray Young, chief financial officer of General Motors Corp.

Recent PhotoVotes (Fox 12 Oregon)

80% of strokes are preventable. Understand risk factors and how manage if you’ve had a stroke. More Just because your credit isn’t perfect doesn’t mean you can’t get a new car. Find out how you can get a great loan on the car you want today.

After federal plan, lending will still be tight in Central Valley (Merced Sun-Star)

Developers are scrambling to find lenders, car loans are harder to get, home equity lines are being frozen and cash for small-business loans is drying up. And Friday's news that the Bush administration has a plan to suck bad debt out of the loan industry isn't likely to radically change the Valley's lending landscape.

GM formally unveils Volt electric-powered car (Houston Chronicle)

General Motors Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car today and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

Three Injured in Caledonia Car Crash (R News)

Three people were seriously injured in a car accident early Sunday morning. It happened on Middle Road in Caledonia just before 2 a.m. Livingston County Sheriff's deputies say Salina Youngjohn, 19, of Caledonia, was driving too fast to negotiate a turn and struck a tree.

GM unveils Volt on company's 100th anniversary (San Francisco Chronicle)

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech...

GM unveils Volt on company's 100th anniversary (AP via Yahoo! News)

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

Consumer Loan Rates (The Springfield News-Leader)

Springfield financial institutions quoted the following rates Friday for home equity, auto and boat loans. The home equity rate is based on a $10,000 loan or line of credit with applicable points included. Rates are variable unless otherwise noted. Additional fees are not included. The auto loan rate is based on a 48-month contract for a new car. The boat rate is based on a loan for a new boat.

GM unveils electric car for 100th anniversary (Asbury Park Press)

General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Monday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech cars.

GM unwraps Volt :Electric car will go 40 miles on charge before gas engine kicks in. (South Bend Tribune)

DETROIT -- General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car earlier this week and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

Resist urge to cash out your 401(k) (The Scranton Times-Tribune)

Never cash out your 401(k) when you change jobs, no matter how tempting it may be to take the money and use it toward your car loan, mortgage or credit card balance. If you do, be prepared to pay stiff taxes and penalties, not to mention working longer.

TODAY’S MONEY-SAVING TIP: DON’T CASH OUT YOUR 401(k) (The Citizens' Voice)

â€" FROM STAFF REPORTS Never cash out your 401(k) when you change jobs, no matter how tempting it may be to take the money and use it toward your car loan, mortgage or credit card balance. If you do, be prepared to pay stiff taxes and penalties, not to mention working longer.

GM unveils e-car Volt on 100th anniversary (GMA News)

DETROIT - General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in financial markets should not affect government loan guarantees that would help the US auto industry develop high-tech cars.

GM reveals electric car (Knoxville News Sentinel)

DETROIT - General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles.

GM's Wagoner unveils electric Chevy Volt, says financial tumult shouldn't hurt loan guarantees (Minneapolis-St. Paul Star Tribune)

DETROIT - General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech cars.

Economy Makes it Tough To Get Car, Home Loans (KESQ Palm Springs)

The nationwide economic crisis and tumbles on wall street is hitting the American consumer right in the wallet. As we found out, it's making it more difficult for regular folks to get a loan, whether it's to buy a house, or a car.

Car scam investigated (The Post and Courier)

SUMMERVILLE â€" Troy Benton wanted a new car. He got a financial mess. The 65-year-old retiree is one of several people who have complained to Summerville police about Old Towne Auto Sales, a local dealership. Instead of a new car, Benton said he still has his old pickup. And he appears to be on the hook for nearly $40,000 in loans and liens.

Cars.com Offers Advice for Consumers Still Interested in Leasing a Car (Centre Daily Times)

In recent months, many manufacturers have announced they are cutting back on the car-leasing business or getting out of it altogether. Instead of asking the question, "Should I lease my next car?" many consumers are asking, "Can I lease my next car?"

Any auto company bail out must come with strings attached (St. Louis Post-Dispatch)

Any auto company bail out must come with strings attached I agree with the analysis in the editorial "A $50 billion car loan" (Sept. 12) that a federal guarantee is necessary to avoid further economic losses to the automakers, the workers, the communities and the nation.

GM unveils electric car at its centennial (The Indianapolis Star)

DETROIT -- General Motors Corp. Chairman and Chief Executive Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech cars.

Automakers downshift on loan requests (USA Today)

U.S. automakers have decided to back down from the drive to get $50 billion in loan guarantees from the federal government and are focused on persuading Washington to appropriate the money needed to back the $25 billion in loans promised in last year's energy bill.

Automakers scale back loan plans to $25B promised them (USA Today)

U.S. automakers have decided to back down from the drive to get $50 billion in loan guarantees from the federal government and are focused on persuading Washington to appropriate the money needed to back the $25 billion in loans promised in last year's energy bill.

Council approves loan for city projects (Mt. Vernon Register-News)

MT. VERNON â€" The City Council approved a financing quote from People’s National Bank to purchase various equipment and vehicles and a $120,000 revolving loan for an Idaho company to open a manufacturing facility in the King City during its regular meeting on Monday night.

BM unveils new electric car Volt (Sioux City Journal)

DETROIT (AP) -- On its 100th anniversary, General Motors workers cheered as the company revealed the electric-powered car intended to make GM a vehicle technology leader. But after all the hoopla surrounding the Chevrolet Volt, executives also say a government loan package and access to credit are important parts of GM's next century.

GM shows off Volt, its electric car (Wisconsin State Journal)

DETROIT â€" General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech vehicles. Speaking to reporters at GM's 100th anniversary celebration, Wagoner said the $25 billion in loans were approved last year ...

GM's next century riding on more than Chevy Volt (AP via Yahoo! News)

On its 100th anniversary, General Motors workers cheered as the company revealed the electric-powered car intended to make GM a vehicle technology leader. But after all the hoopla surrounding the Chevrolet Volt, executives also say a government loan package and access to credit are important parts of GM's next century.

GM charges into second hundred years with electric Volt (Chicago Tribune)

Say financial meltdown should not affect federal loans General Motors Corp. Chairman and CEO Rick Wagoner unveiled the automaker's long-awaited electric car Tuesday and said the turmoil in U.S. financial markets should not affect government loan guarantees that would help the auto industry develop high-tech cars.

Kenya: Chager Triumphs in Nanyuki Rally (AllAfrica.com)

For the second time in as many years, Triton Petroleum-sponsored Baldev Chager was too good for his rivals during the KCB Easy Pay Loan Rally in Nanyuki on Saturday.

Q&A: Banking turmoil creates ripple effect (The State)

Answers to some consumer questions: How do the banking-sector problems affect me? Problems in the banking sector spill into the broader economy. As these complex Wall Street investments sour, banks need to keep more capital on hand to assure investors they can weather future losses from loan portfolios. That means banks are playing defense. If you want a business loan, a car loan, a home loan, ...

New York Will Allow A.I.G. to Loan Itself $20 Billion (New York Times)

Gov. David Paterson of New York said on Monday that the state will allow the American International Group to lend itself $20 billion to bolster its capital as it faces potentially disastrous credit downgrades.

Car makers’ handout is insulting to many (BizJournals)

Ford, General Motors and Chrysler were teetering when this year’s oil price spike laid bare their fatal weakness â€" that they produce cars no one wants when it takes a loan to fill the gas tank.

GKN to Buy Airbus Wing Plant for 136 Million Pounds (Update2) (Bloomberg.com)

Sept. 15 (Bloomberg) -- GKN Plc , the U.K. maker of car parts and aircraft components, agreed to buy a factory from Airbus SAS to bolster its position as a primary contractor to the world's biggest maker of commercial airliners.

Ex-car salesman pleads guilty to theft for handling of loan (The Sharon Herald)

A former car salesman at the former Stupka Motors in Hermitage has pleaded guilty to a charge of theft for his handling of a loan. Jeffrey A. Teaberry, 52, of 259 N. Buhl Farm Drive, Hermitage, also must pay $125 restitution.

HEELS ON WHEELS: MONEY-SAVING CAR TIPS FOR WOMEN (The Auto Channel)

Saving money on cars is a road with many twists and turns, but we've complied a variety of tips to get you started. Whether you are buying new, used, or trying to make the most out of your current wheels, these money-saving car tips are designed to keep your car budget out of the red.

Housing, car loans growing for Metrobank (Philippine Daily Inquirer)

METROPOLITAN BANK AND TRUST CO., the country’s largest bank, has reported a faster-than-expected growth in housing and car loans in the first eight months, suggesting a robust contribution from consumer lending for the rest of the year.

Todd Ossenfort: Soldier might be able to cut car-loan rate (Arizona Daily Star)

Q I bought a car for $15,000 and my interest rate runs me 18 percent. I didn't think it was that bad because I am a first-time buyer. I am wondering what is the best way to drop that interest rate FAST?

'Nothing stays the same' is the motto at UND's school of aerospace (Grand Forks Herald)

Driving a car can get old. Flying never does. It gives you a sense of reaching out, according to Michael Morgen, a junior at the John D. Odegard School of Aerospace Sciences at UND. Advertisement: Bank of North Dakota North Dakota's #1 Student Loan Source! START HERE for answers to your questions about which loan is right for you. Bank of North Dakota is a student loan lender you can ...

DA puts brakes on alleged car scam (The Brownsville Herald)

The Cameron County District Attorney's office and other law enforcement agencies have cracked a fraudulent car scheme involving the owners of three local used car lots, investigators said Friday.

Automakers to Seek More Money for Retooling Vehicle Plants (The Hendersonville Times-News)

The steep decline in vehicle sales and rapid shift in the market to smaller cars has prompted three automakers to seek a significant increase in a government loan program.

Nigeria: Gov Yuguda Approves N200 Million Car Loans for Workers (AllAfrica.com)

Governor Isa Yuguda of Bauchi State has approved the disbursement of N200 million as car loans to the state civil servants as part of measures to ease their transportation problems.

Official Car Pundit Drinking Game: Begging For Billions Edition [Official Car Pundit Drinking Game] (Jalopnik)

Time to fire up your Friday afternoon flasks again for the Official Car Pundit Drinking Game as CNBC has asked the boss to gab about the proposed Federal loan guarantees for the big domestic...

Getting released as loan co-signer can be tough (The Plain Dealer)

Teresa Dixon Murray writes this column in The Plain Dealer on Saturdays. To reach her:moneymatters@plaind.com or 216-999-5263. She cannot assist everyone who contacts her. Previous columns onlineMONEY MATTERSA weekly column about personal financeQ: I co-signed on an auto loan for...

Q & A: Auto loans could speed retooling (Detroit Free Press)

WASHINGTON -- The auto loan package before Congress could save Detroit's automakers billions of dollars and speed their ability to refit factories for hybrids and other fuel-saving models that customers want and regulators demand.

Firefighters Rescue Man, Remove Car From Pond (R News)

Firefighters rescued a man after his car went into the pond early Friday morning in Penfield. Police say a man was driving on Atlantic Avenue near the intersection of Baird Road around 12-30 a.m. when he lost control of his vehicle. It then skidded off the road and went into a nearby pond.

Automakers to Seek More Money for Retooling Vehicle Plants (New York Times)

The steep decline in vehicle sales and rapid shift in the market to smaller cars has prompted three automakers to seek a significant increase in a government loan program.

Where do gas taxes really go? (The News & Observer)

The News & Observer reported last week that the state Department of Transportation is suffering as drivers cut spending on two big sources of DOT taxes: gas and car sales.

Car company loans boom as other lenders shun borrowers (Independent)

The number of consumers taking out car loans from vehicle dealerships has rocketed over the past year, as other lenders have raised both their interest rates and rejection rates.

New Survey: Americans Lack Basic Knowledge of Their Auto Loan Interest Rate (Business Wire via Yahoo! Finance)

MCLEAN, Va.----According to a new survey from Capital One Financial Corporation , a surprising number of Americans who currently have auto loans do not know the interest rate they are paying on their loan.

Car Discounts Updated Daily at NADAguides.com (PR Newswire via Yahoo! Finance)

A wealth of manufacturer-to-consumer new car incentives and rebates are being offered right now, not only to move 2008 inventory for newly-arrived 2009 makes and models, but also to sell larger vehicle inventory in light of high gas prices.

5 Reasons to Buy a New Car (The Motley Fool via Yahoo! News)

In a previous column, we pointed out several reasons to consider buying a used car instead of a new one. For many Fools, used cars are a tremendous value purchase. But there certainly are benefits to buying new, benefits that go well beyond that new-car smell.

Police Car Stolen During Traffic Stop (Fox 12 Oregon)

MONMOUTH, Ore. -- A Monmouth man stole a police patrol car and led officers on a chase through town Tuesday, police said. Authorities said Keoki Rosimo, 19, revved the engine and took off in an officer's patrol car after the officer had gotten out of the car during a traffic stop.

Adieu, Appelsínudropar (Iceland Review)

Björgólfur Gudmundsson and his son Björgólfur Thor Björgólfsson have decided to take on the responsibility of a loan taken by the buyers of XL Leisure Group, if shipping company Eimskip will run into trouble because of it.

Developer seeks loan from county (The Lake County Record-Bee)

LAKE COUNTY-- sewer application for a mini-mart, an agreement to lease office space for county Child Support Services and a shift of responsibility for the county's participation in the Lake County Clean Water Program were on the Lake County Board of Supervisors Tuesday agenda.

Cuomo Warns of College Loan Market (R News)

New York's attorney general calls it a dangerous place that preys on our young people; he speaks of the private college loan market. Now that New York has passed a law protecting students from banks who payoff schools to get kids' business, Andrew Cuomo is educating the public.

3:35 p.m. - Consumer Car Buying Alert (KARK Little Rock)

Attorney General Dustin McDaniel on Friday issued this consumer alert to provide Arkansans with tips on how to get the most bang for their buck when buying a car.

Matteson car dealer closes its doors (SouthtownStar)

A bank is taking over a Matteson auto dealership, which last week closed its doors, but some customers say they're still out money on recent car purchases. Fifth Third Bank submitted the apparent winning bid for the assets of Matteson Imports, which sold Isuzu, Kia and Volkswagen vehicles and filed for bankruptcy four months ago.

Business Briefing (Seattle Post-Intelligencer)

Cell Therapeutics faces Nasdaq delisting ... Clipper Seafoods adds to fishing fleet with acquisition ... Falling car-loan demand slows consumer borrowing ... Judge rejects plea deal in Broadcom stock options case ... South Korean regulator calls for caution in Lehman deal ... plus shipping news.

America's Car-Mart 1Q Profit Up (Arkansas Business)

America's Car-Mart Inc. of Bentonville on Thursday reported a net income of $5.3 million, or 45 cents a share, compared to $2.1 million, or 18 cents a share, for the same time last year.

Business 'booming' for repossession industry as owners default on car-loan payments (The Press-Enterprise)

With soaring oil and gas prices, record home foreclosures and the cost of just about everything else rising, it seems times are tough for everyone. Except maybe the repo man.

Metro searching for cash loan thieves (KVBC Las Vegas)

A daring robbery is caught on tape. Two men walk into a cash loan business and order an employee to open the safe. Tuesday, Metro released video of the holdup.

World's cheapest car comes at a high price for West Bengal's farming classes (Guardian Unlimited)

When Sushen Santra walked out of his home last week, no one else knew that those steps would be his last. A few hours later, his eldest son found the retired labourer's dead body curled next to an empty pesticide bottle.

Buying or leasing car depends on your situation (Garden City Observer)

Dear Rick: I know you have addressed this issue in the past, but I need help. I don't know whether I should buy or lease a car. If I buy the car it will cost about $150 a month more than leasing it. I generally keep a car five-10 years and I drive anywhere from 8,000-10,000 miles a year. The salesperson is pushing me to lease. What do you think?

Schaeffler Wins Continental With EU12.1 Billion Bid (Update3) (Bloomberg.com)

Aug. 21 (Bloomberg) -- Schaeffler Group won control of Continental AG with a sweetened bid that values the German tiremaker at 12.1 billion euros ($17.9 billion) and creates the world's largest car-parts manufacturer.

Buying or leasing car depends on your situation (Farmington Observer)

Dear Rick: I know you have addressed this issue in the past, but I need help. I don't know whether I should buy or lease a car. If I buy the car it will cost about $150 a month more than leasing it. I generally keep a car five-10 years and I drive anywhere from 8,000-10,000 miles a year. The salesperson is pushing me to lease. What do you think?

New Chrysler executive James Press tries to jump-start the troubled auto company (Los Angeles Times)

After 37 years at Toyota Motor Corp., during which time he rose to the top job in North America, James E. Press shocked the car world by jumping to Chrysler last year.

Thai Kiatnakin plans up to 4 bln baht in bonds-funds (Reuters via Yahoo! Malaysia News)

BANGKOK, Sept 3 (Reuters) - Kiatnakin Bank , Thailand's third-biggest car-loan company, will sell bonds in two tranches worth up to 4 billion baht ($117 million) to fund loan expansion, fund managers said on Wednesday.

Money Panel: Home loan better than 403b variety (The Salinas Californian)

QUESTION: In October 2007 I took out a loan from my 403b for $50,000 at 9.25 percent interest. The repayment is through payroll deduction at $462 every two weeks for five years. The loan payments are repaying my 403b plan, including interest, with after-tax dollars. But I understood the repayment would come from pre-tax dollars, because the payments go back into my 403b account. In fact, the ...

Thai Kiatnakin plans up to 4 bln baht in bonds-funds (Reuters via Yahoo! Singapore News)

BANGKOK, Sept 3 (Reuters) - Kiatnakin Bank , Thailand's third-biggest car-loan company, will sell bonds in two tranches worth up to 4 billion baht ($117 million) to fund loan expansion, fund managers said on Wednesday.

Brazil's Car Sales Grow at Slowest Pace in Two Years (Update2) (Bloomberg.com)

Sept. 4 (Bloomberg) -- Brazilian domestic vehicle sales grew in August at the slowest pace in almost two years as central bank increases in interest rates this year boosted car-loan costs, sapping demand.

Brazil's Car Sales Grow at Slowest Pace in Two Years (Update3) (Bloomberg.com)

Sept. 4 (Bloomberg) -- Brazilian domestic vehicle sales grew in August at the slowest pace in almost two years as central bank increases in interest rates this year boosted car-loan costs, sapping demand.

GM Brazil Car Sales Growth to Slow on Credit Costs (Update1) (Bloomberg.com)

Sept. 1 (Bloomberg) -- General Motors Corp. , the world's largest carmaker, expects sales growth in Brazil to slow by at least two-thirds in the remainder of the year as consumer financing costs rise.

Customer's complaint about car loan launches fraud probe, deputies say (The Greenville News)

Two men who worked for a Simpsonville finance company are facing criminal charges after a customer's complaint about overpaying on a car loan helped launch a broader investigation that uncovered more than $31,000 in missing funds, authorities say.

Car sales collapse by almost a fifth as loan drought and fuel rises bite (Independent)

Confirmation that consumer confidence and spending on "big-ticket" items is testing new lows came yesterday with the release of the latest figures on new cars sales. The Society of Motor Manufacturers (SMMT) reported an 18.6 per cent annual decline in sales in August, with sales to private buyers rather than the fleets down by a massive 23.6 per cent.

"Drive It Now" - Car Payment Advertising for Online Auctions, Classifieds and Dealer Websites (Centre Daily Times)

Automobile Consumer Services, Inc. (ACS), announced today, a new service that gives vehicle sellers who list their cars on eBay, classifieds, and their own websites, the ability to quote competitive loan and lease payments with the "Drive It Now" advertising banner button.

US Car Sales Slide Continues (Australasian Investment Review via Yahoo!7 Finance)

While our car sales fell sharply last month in the US car sales were again very weak last month, despite the drop in oil and petrol prices. In fact it was a replay of the sales slumps seen from May onwards which forced General Motors, Ford, Chrysler and Toyota to slash production and restructure their sales mix for coming years to try and arrest the terrible slide. Those changes have already ...

Banks lap up MFIs' farm loans (Business Standard India)

Move helps lenders meet agri-lending targets, boosts micro-finance institutions' CAR. Private banks are increasingly buying the farm loan portfolio of micro-finance institutions (MFIs) in an attempt to meet the agriculture sector lending targets.

Canceling lines of credit comes with rules (Contra Costa Times)

An increase in consumer complaints over the cancellation or reduction of home equity lines of credit has prompted one federal banking regulator to remind financial institutions about the laws governing this type of loan.

DA: landlord admits to using tenant’s personal info for car loan (Queens Courier)

An Astoria landlord has been charged with stealing the identity of one of his tenants in order to obtain a $32,000 car loan and to open a credit card account that incurred more than $20,000 in debts, including bills for his telephone and EZ Pass.

Car lease deals getting scarce as Big Three pulls out (Bankrate.com)

It's getting harder to find a car to lease these days. Chrysler's financial arm recently pulled out of the car leasing business, and Ford Motor Credit, GMAC and many large banks also have announced pullbacks.

Fraud seen in loan program at UCSD (San Diego Union-Tribune)

LA JOLLA â€" At least 13 percent of emergency loans granted through a special program for UC San Diego employees were based in part on fraudulent documents, according to a campus audit that looked at lending over a one-year period.

Consumer Reports Analysis: Buying a Late Model Used Car Can Save Thousands Over the First Five Years (The Auto Channel)

YONKERS, NY - September 3, 2008: A new Consumer Reports study of owner costs shows that choosing a reliable three-year-old car instead of a new one can save drivers thousands of dollars over the first five years. In many cases, that's enough to pay for all the gas used during that time.

Newly-arrived Filipina teacher dies in Maryland car crash (ABS-CBNNEWS.com)

FORT WASHINGTON, MARYLAND - She arrived in America August 22 filled with hope and expectation of the "American Dream". Barely a week later, Filipina teacher Erlinda Camitan Leuterio â€" Ellen to friends â€" was dead, killed in a fatal car crash on a lonely Maryland back-road.

Lending networks help fill a need (The Indianapolis Star)

WASHINGTON -- Steve Lubs was looking to get rid of his $8,000 in credit-card debt, but the high interest rate had him bogged down. He tried getting a bank loan to pay off the balance but couldn't find one with an interest rate lower than 12 percent.

Brother, can you spare a loan? (Denver Post)

Steve Lubs was looking to get rid of his $8,000 in credit card debt, but his high interest rate had him bogged down. He tried getting a loan through a bank to pay off the balance but couldn't find one with an interest rate lower than 12 percent.

Death’s cousin: White to mate in two (Muskogee Phoenix)

“I want to die in my sleep like my grandfather . . . not yelling and screaming like the passengers in his car,” quips comedian William Shriner. In this week’s position black’s king figuratively dies in his sleep. With this hint in mind please try to find how white mates in two.

Drive A Deal On Your New Car Purchase (The Motley Fool)

For many of us, buying a car is the second most expensive purchase we make in our lives, and yet all too often we end up paying over the odds for our new set of wheels.

Utilise your mortgage (rediff.com)

The home is a valuable asset that most home owners acquire over time. Trading it for cash with a mortgage can be a less expensive way to avail of a loan, but it should not be used lightly.

Schaeffler Wins Continental With EU12.1 Billion Bid (Update1) (Bloomberg.com)

Aug. 21 (Bloomberg) -- Schaeffler Group won control of Continental AG with a sweetened bid that values the German tiremaker at 12.1 billion euros ($17.9 billion) and creates the world's largest car-parts group.