Keep it simple: Vote yes on Issue 5 to lower payday loan rates (The Cleveland Plain Dealer)

Sheryl Harris writes this column in The Plain Dealer on Sundays.Previous columns onlinePLAIN DEALINGA weekly column about consumer affairsThey rarely want to share their names. They're too embarrassed. They didn't have enough money in their pockets. Then they took...

Festive season fails to prop up auto sales (The Hindu)

NEW DELHI: This festive season has so far failed to prop up sales of major auto companies, mainly due to higher loan rates and overall gloomy economic environment. Maruti Suzuki has reported over 8 per cent dip in its passenger car sales, ...

Car Loan Defaults Could Reach Record Numbers (CBS4 Miami)

Home foreclosures are hitting high numbers, but there are also a large number of car loans being defaulted on in these tough times. The vehicle auction company ADESA predicts there will be around 1.9 million repossessed vehicles this year, a new record.  Nonetheless, there's good news for people searching for credit.

Reserve Bank cuts key rates (Navhind Times)

MUMBAI - Paving the way for easing home, car and commercial loan rates, the Reserve Bank of India on Saturday announced steps to pump in an estimated additional Rs 85,000 crore in the system by cutting deposit requirements and key rates, a move that complements the government’s steps to boost economic growth.

EU Carmakers To Press Call For 40 Bln Euro EU Loan (Planet Ark)

BRUSSELS - European carmakers will press their call for an EU loan of 40 billion euros (US$50.98 billion) to help develop greener cars in a meeting with the bloc's executive on Wednesday, their industry association chief said.

TODAY’S MONEY-SAVING TIP: pUT MORE MONEY DOWN ON CAR LOAN FOR BETTER CREDIT TERM (The Citizens' Voice)

â€" STAFF REPORT Banks and finance companies are tightening their standards for borrowers, especially on larger loans with terms of 60 months or more. For those in the market for a new car, plan to put substantial amounts of money down as part of the deal. This will increase your chances of getting a better credit term. With more car loans going into default, fewer people are qualifying for the ...

Car dealers hit by sales decline, weak economy (Washington Post)

DETROIT (Reuters) - Auto retailers swung to quarterly losses in the third quarter, beaten down by the decline in U.S. car sales, tight consumer credit, and a weakening U.S. economy as well as hurricane-related damages.