Bad Credit Auto Financing News
- Tree.com Reports Second Quarter 2010 Results Thursday, July 29, 2010 @ 8:00AMTree.com, Inc. today announced second quarter 2010 Adjusted EBITDA of $3.4 million, an improvement of $2.6 million over the prior quarter and a $4.8 million decrease from the second quarter 2009. Â Tree's second quarter 2010 revenue was $45.8 million, down from $48.0 million in the first quarter 2010. Â Tree reported a GAAP loss of $0.07 per share on a net loss of $0.8 million, an improvement ...
- US bailouts prevented 1930s-style Great Depression says new study Thursday, July 29, 2010 @ 5:45AMNew study by economists Mark Zandi and Alan Blinder says US economic stimulus averted a worse downturn To Washington conservatives they were egregious examples of "big government" overreach, but the White House's economic stimulus and bailout policies have saved 8.5m jobs and averted a further slump of 6.5% in US economic output, according to a study by two influential economists. An in-depth ...
- HUFFPOST HILL - JULY 28TH, 2010 Wednesday, July 28, 2010 @ 5:27PMWhat's Your Reaction? After yesterday's disappointing votes on the DISCLOSE Act and the war supplemental, liberals had reason to cheer today.
- Skip Tracer Installment 17: Writing your way out of a paper bag Monday, July 26, 2010 @ 7:06AMBill Crews Frankie Hardwick A few days after the softball game, Frankie was at the paper early, determined to work on his repo-man story in silence. Darwin made ample use of low-paid freelancers and interns, who often congregated in “the Bedroom” like it was a group therapy clubhouse, grousing about getting paid five cents a word and worrying over their stories, significant others, and life in ...
- Import of new cars: CCP seeks reduction in customs tariff Saturday, July 24, 2010 @ 6:07PMISLAMABAD (July 25 2010): The Competition Commission of Pakistan (CCP) has recommended that the customs tariff on import of new cars must be reduced across the board to curtail protection to manufacturers, bringing it down to 5-10 percent as presently car importers are paying excessively high duties at the import stage.
- Turning a very long corner Friday, July 23, 2010 @ 3:49AMThrough the first six months of the year, Maryland's foreclosure rate was up 56.2 percent from the first half of 2009, but down 6.2 percent from the last half of 2009, according to RealtyTrac of Irvine, Calif. The state had the 13th highest rate in the U.S. from January through June.
- General Motors to buy AmeriCredit of Fort Worth to lure more car buyers with dented credit Friday, July 23, 2010 @ 2:29AMGeneral Motors Co. found its new financing arm in Fort Worth's AmeriCredit Corp. Thursday, offering to pay $3.5 billion with hopes of luring more credit-challenged drivers.
- GM Draws Washington Scrutiny Over Purchase of Subprime Lender Thursday, July 22, 2010 @ 11:34PMGeneral Motors Co., the automaker 61 percent owned by the U.S. Treasury, is facing criticism over its decision to pay $3.5 billion to buy a lender that specializes in auto loans to shoppers with less than top-notch credit.
- GM purchasing subprime lender to bolster sales Thursday, July 22, 2010 @ 6:20PMGeneral Motors Co., the automaker 61 percent owned by the federal government, is buying subprime lender AmeriCredit Corp. for $3.5 billion to help it reach more customers with leases and loans to borrowers with faulty credit records.
- GM to pay $3.5B for Fort Worth-based AmeriCredit Thursday, July 22, 2010 @ 11:14AMGeneral Motors Co. found its new financing arm in Fort Worth's AmeriCredit Corp. Thursday, offering to pay $3.5 billion with hopes of luring more credit-challenged drivers.Full coverage: |
- Consumer Protection Could Derail Financial Reform Friday, July 9, 2010 @ 6:44AMHow President Obama's consumer-protection plan threatens his plan to rein in Wall Street excess.
- NY businesses upset over state's plan to defer business tax credits three years Thursday, July 8, 2010 @ 5:10AMLawmakers and governor say move would help budget; businesses say deferral would be devastating.
- Starwatch Consumer | Insurer notifies customers of security breach Tuesday, June 29, 2010 @ 11:19PMUnhealthy breach WellPoint of Indianapolis, has notified 470,000 individual insurance customers about a security breach that might have exposed medical records, credit card numbers and other sensitive information.
- Obama official tells local business owners: Manufacturing matters Tuesday, June 29, 2010 @ 1:37AMNORTH ATTLEBORO - The Obama administration is committed to supporting manufacturing, says a senior presidential adviser, even if it costs some political capital with conservatives and others who see government intervention as wasteful.
- Schlesinger: Financial Reform Winners & Losers Sunday, June 27, 2010 @ 1:38PMWith Finance Legislation a Reality, Here's a Scorecard of Who Did (and Didn't) Come Out on Top
- What financial reform means for you Friday, June 25, 2010 @ 5:24PMCash will be king again, but consumers will also find fewer perks, with rewards debit cards going the way of free checking.
- Automakers: Dead End, or Open Road Ahead? Wednesday, June 23, 2010 @ 6:00AMThe massive decline in auto sales last year suggests a large recovery is coming.
- Grant Cardone: Brownback/Campbell Keeps Auto Lending Competitive Monday, June 21, 2010 @ 4:59PMIf you want banks to reform the very people that caused the financial melt down and every plan on borrowing money again, call your state...
- Tea Party Appeal to GOP Might Fade by November Friday, June 4, 2010 @ 8:00PMRepublicans Initially Welcomed Movement's Fervent Supporters; Their Energy, Passion Face Test in Mid-Term Campaigns
- Automakers rely more on 0% financing to close deals Friday, June 4, 2010 @ 12:27PMShoppers are being offered zip, nada, nothing at least when it comes to interest rates.
- Bearish Seth Klarman Only Sold Two Stocks Friday, June 4, 2010 @ 12:50AMBy guruek. Seth Klarman is the founder and president of The Baupost Group, a Boston-based private investment partnership, and the author of a book on value investing. Klarman is notable for his willingness to hold significant amounts of cash in his investment portfolios, sometimes in excess of 50% of the total. In 1991, Klarman authored Margin of Safety, Risk Averse Investing Strategies for the ...
- Don't be fooledby PG&E's adsfor Prop. 16 Wednesday, June 2, 2010 @ 9:19PMMillions of voters have to be wondering just how many California cities have been led down the road to financial ruin by "local government politicians" who recklessly created municipal utilities to supply the citizenry with electric power. Surely a few.
- VCReporter endorsements Wednesday, June 2, 2010 @ 3:52PMVCReporter endorsements
- China rides: Middle class driving demand for cars Tuesday, June 1, 2010 @ 8:53PMChina's burgeoning middle class is the hottest market for cars since post-war America with up-and-coming 20- and 30-somethings driving China’s insatiable demand for new vehicles and fuelling the intense competition among foreign and domestic carmakers
- Another week of GW News, May 30, 2010 [A Few Things Ill Considered] Monday, May 31, 2010 @ 10:13AMLogging the Onset of The Bottleneck Years This weekly posting is brought to you courtesy of H. E. Taylor . Happy reading, I hope you enjoy this week's Global Warming news roundup Read the rest of this post... | Read the comments on this post...
- Local boat sales are up with improvements in economy, weather Sunday, May 30, 2010 @ 12:10AMBoat sales, once battered by drought and poor economic conditions, are improving for dealers in Texas and other states.
- Financing is real deal over Memorial Day weekend Saturday, May 29, 2010 @ 3:54AMOn this Memorial Day weekend, one of the biggest three-day sell-a-thons of the year for auto dealers, shoppers are being offered zip, nada, nothing -- at least when it comes to interest rates.
- Finance incentives entice car buyers Saturday, May 29, 2010 @ 3:27AMOn this Memorial Day weekend — one of the biggest three-day sell-a-thons of the year for auto dealers — shoppers are being offered zip, nada, nothing. At least when it comes to interest rates.
- Automakers rely more on 0% financing to close deals Thursday, May 27, 2010 @ 8:29PMShooppers are being offered zip, nada, nothing at least when it comes to interest rates.
- Seth Klarman Light on Stocks But Takes Concentrated Bets Wednesday, May 26, 2010 @ 8:35PMBy guruek. Seth Klarman is the founder and president of The Baupost Group, a Boston-based private investment partnership, and the author of a book on value investing. Klarman is notable for his willingness to hold significant amounts of cash in his investment portfolios, sometimes in excess of 50% of the total. In 1991, Klarman authored Margin of Safety, Risk Averse Investing Strategies for the ...
- The Auto Channel Fights for the Truth about Ethanol Versus Gasoline - VIDEO ENHANCED Tuesday, May 25, 2010 @ 6:16PMA couple of months ago Bob Gordon and I posted some stories and a RoadTrip video we produced about ethanol.
- Auction bidders snapped up Denny Hecker's luxury toys Tuesday, May 25, 2010 @ 3:32PMTCF National Bank paid $7.01 million in a sheriff's sale for three Crosslake vacation homes belonging to bankrupt auto mogul Denny Hecker, the Crow Wing County Sheriff's Office said Tuesday.
- China rides: Middle class driving demand for cars Saturday, May 22, 2010 @ 9:34AMChina's burgeoning middle class is the hottest market for cars since post-war America with up-and-coming 20- and 30-somethings driving China’s insatiable demand for new vehicles and fuelling the intense competition among foreign and domestic carmakers
- The Hindu Business Line : Achieving 8.5% growth is possible: CII chief Sunday, May 16, 2010 @ 1:53PMRiding out of the global crisis with an estimated GDP growth rate of 7.2 per cent in FY10, the outlook for Indian economy remains buoyant. But while the industry has posted a strong growth of 8.2 per cent in the past year, agriculture — the largest employer in the country — shrank by 0.2 per cent.
- Block: Don't allow new-car smell to mask bad financing deal Sunday, May 16, 2010 @ 3:02AMDon't allow new-car smell to mask bad financing deal
- Holland decries Brownback’s auto dealer exemption plan Friday, May 14, 2010 @ 1:03AMA proposal by U.S. Sen. Sam Brownback, R-Kan., to exempt automobile dealers from the oversight of a proposed consumer protection agency has drawn fire from military officials and Democrat Tom Holland, who will probably face Brownback in the governor’s race.
- Abbott’s mix of the savvy and the inexplicable Thursday, May 13, 2010 @ 10:40PMTony Abbott has correctly targeted Kevin Rudd as Labor's weak link. But he has his own weaknesses, as the last 24 hours have shown.
- GM wants to re-enter auto financing Wednesday, May 12, 2010 @ 12:47AMGENERAL Motors wants its own auto-financing arm to offer more competitive lease and loan deals, according to a person briefed on their plans.
- Colorado Springs: Call center nation Sunday, May 9, 2010 @ 6:22AMAfter 15 years working in call centers, Selena Thomas knows how to handle a tough customer. “They’re not calling to tell us they love us,” the Springs native said. Thomas is a transition supervisor for Time Warner Cable’s customer service...
- Signpost - Classifieds Sunday, May 9, 2010 @ 3:09AMThe Signpost does not endorse, promote or encourage the purchase or sale of any product or service advertised in this newspaper. Advertisements are the sole responsibility of the advertiser.
- Canadians shopping for cars in U.S. – again Thursday, April 29, 2010 @ 5:06PMThe loonie’s recent surge toward parity with the U.S. dollar is once again revealing the difference in new-car prices between the two countries
- While touting their business records, Tom Ganley and Jim Renacci also must defend them Monday, April 26, 2010 @ 7:14AMSuccessful businessmen come with money and records of accomplishment when they run for Congress. But as Tom Ganley and Jim Renacci are learning, they also must defend claims from lawsuits, sour deals and angry or spurned partners or clients.
- SPECIAL REPORT: Weak insurers put Floridians at risk Friday, April 16, 2010 @ 10:31AMMillions of homeowners get their insurance from tiny, untested companies that have a few million dollars in the bank but insure billions worth of property.
- Incentives Could Hurt Auto Industry Recovery Wednesday, April 14, 2010 @ 2:08PMWhen one automaker offers incentives to get customers, competitors generally follow suit, which could 'significantly undermine' industry's recovery, report says.
- B.C. VIEWS: We’re green with Ontario envy Tuesday, April 13, 2010 @ 11:24AMB.C. singer Sarah McLachlan: a beauty contest with Ontario is no contest. VICTORIA – The B.C. Liberal government has taken the first step toward recovery: admitting you have a problem.
- BC BREAKING NEWS : Tuesday, April 13, 2010 @ 9:50AMTom Fletcher is legislative reporter and columnist for Black Press newspapers. He's based in Victoria.
- Urbanite Monday, April 12, 2010 @ 4:31PMArline Bronzaft served on a committee that helped shape today's subway map. (Photo by Dave Sanders) It was a dash of Italian style for gritty New York, with the 1972 subway map being so fashionable, that it became the pattern for designer dresses.
- Hecker's Girlfriend Charged With Making False Oath Friday, April 9, 2010 @ 2:02PMDenny Hecker's girlfriend has been charged in federal court with making a false oath. According to the U.S. Attorney's Office, 36-year-old Christi Michele Rowan has also been charged with defrauding a credit union.
- EXTEND & PRETEND: Manufacturing a Minsky Melt-Up Friday, April 9, 2010 @ 11:28AMA distracted and preoccupied amateur is no match for a determined, organized professional with a strategy. Though the collapse of the shadow banking system was a near fatal miscue for the global bankers, they have been quick to adjust their strategy.
- Car Loans Bronx Approvals at Yonkers Auto Mall Tuesday, April 6, 2010 @ 12:52PMCapital One Diamond Dealer status makes Yonkers Auto Mall a standout when it comes to financing a vehicle purchase. YONKERS, NY – Car Loans Bronx approvals are thought to be impossible for used car buyers who have bad credit, and if those with poor credit rating actually do get financing, it’s at a great expense; loans often include exorbitant interest rates and high monthly payments, so high ...