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Auto-loan delinquencies are the highest since 2012

The percent of auto loans in serious default has risen to the highest level in almost seven years, as consumers with weak credit struggled to make payments despite a strong U.S. economy and tight labor market......»»

Category: topSource: moneycentralFeb 12th, 2019

How Wall Street Banks "Masked" A Record $350 Billion In Subprime Exposure

The latest monthly auto-loan data from the Fitch Auto ABS Index showed something very troubling: subprime delinquencies 60 days or more past due on the secondary market rose to 5.76% in February, the highest theyâ€.....»»

Category: blogSource: zerohedgeApr 20th, 2018

Auto Loan Delinquencies Up on Record-High Monthly Payments

Borrowing to purchase or lease a new or used vehicle reached a record-high average monthly payment level in the fourth quarter of 2018. Rising vehicle prices and interest rates combined to push the........»»

Category: blogSource: 247wallstFeb 28th, 2019

Farm loan delinquencies highest in 9 years as prices slump

The nation's farmers are struggling to pay back loans after years of low crop prices and export markets hit by President Donald Trump's tariffs, with a key government program showing the highest default rate in at least nine years......»»

Category: topSource: foxnewsFeb 28th, 2019

A record 7 million Americans are 90 days late on their auto loan payments, an economic red flag

When car loan delinquencies rise, it is usually a sign of significant duress among low-income and working-class Americans......»»

Category: topSource: washpostFeb 12th, 2019

These Greater Cincinnati colleges have the highest student debt: SLIDESHOW

Student loan debt in the U.S. now totals more than $1.5 trillion, more than both credit card and auto loan debt, and recent research has shown that the crisis isn't only worse than we thought — it's getting worse. The percentage of students who .....»»

Category: topSource: bizjournalsAug 13th, 2018

Here’s what more US auto loan delinquencies means for the economy

Despite a strengthening economy, more Americans are unable to make auto loan payments......»»

Category: topSource: foxnewsMay 29th, 2018

India"s Jet Airways secures $293 million loan from PNB: Mint

Shares of Jet Airways Ltd rose as much as 4.8 percent to 255 rupees, the highest in over a month, after a report said the debt-laden carrier has secured a loan of 20.50 billion rupees ($293.07 million) from Punjab National Bank......»»

Category: topSource: reutersMar 11th, 2019

Cavana"s Secret Auto Loan And Low Variable Cost Business Model

Cavana"s Secret Auto Loan And Low Variable Cost Business Model.....»»

Category: topSource: seekingalphaMar 8th, 2019

America’s Farmers Face Challenging Times. Loan Delinquencies Hit a Nine-Year High

Nationwide, 19.4% of FSA loans were delinquent in January 2019. Farm loan delinquencies are at a nine-year high due to declining crop prices and tariffs, according to the Associated .....»»

Category: europeSource: fortuneFeb 28th, 2019

$166 Billion In Student Debt Is Now Officially Delinquent

According to the Federal Reserve Bank of New York's latest quarterly household debt report, student loan delinquencies surged last year, up to $166.4 billion in the fourth quarter. The report.....»»

Category: blogSource: zerohedgeFeb 17th, 2019

US student debt in ‘serious delinquency’ tops $166 billion

Student-loan delinquencies surged last year, hitting consecutive records of $166.3 billion in the third quarter and $166.4 billion in the fourth......»»

Category: topSource: moneycentralFeb 17th, 2019

Americans late on car payments

A Record 7 Million Americans Are 90 Days Behind on Their Auto Loan Payments.....»»

Category: topSource: moneycentralFeb 13th, 2019

A Record 7 Million Americans Are 90 Days Behind on Their Auto Loan Payments

Drawing concern among economists. Unemployment is low and the eco.....»»

Category: europeSource: fortuneFeb 12th, 2019

Red flags emerge as Americans" debt load hits another record

Some red flags emerged for the U.S. economy late last year as credit card inquiries fell, student-loan delinquencies remained high and riskier borrowers drove home automobiles, according to a report that could signal a downturn is on the horizon......»»

Category: topSource: reutersFeb 12th, 2019

Baltimore among 10 cities with largest increases in student loan debt

Among the most heavily populated U.S. cities, Baltimore has the 10th highest increase of collective student loan debt over the past 10 years. Baltimore student debt increased from $5.9 billion to $14.5 billion between 2008 and 2018, according to a ne.....»»

Category: topSource: bizjournalsJan 18th, 2019

Fiat Chrysler Plans to Open Detroit’s First New Auto Assembly Line in 27 Years, Report Says

The automaker will convert an engine plant idled in 2012 into one assembling a three-row SUV. Fiat Chrysler Automobiles is planning to convert an engine plant that has been idle since 2012 into an auto-assembly plant, in what would be th.....»»

Category: europeSource: fortuneDec 6th, 2018

Fiat Chrysler will reopen a factory in Detroit to build more SUVs: Report (FCAU)

FCA Fiat Chrysler Automobiles will upgrade a factory in the Detroit area to build SUVs, the Detroit News reported. The FCA factory has been out of action since 2012. The US auto market has shifted toward SUVs over passenger cars in the past few y.....»»

Category: topSource: businessinsiderDec 6th, 2018

"It Feels Like 2006": Subprime Auto Loan Issuance Soars Amid Record Investor Interest

As the market continues to sho.....»»

Category: blogSource: zerohedgeDec 3rd, 2018

NYC"s Highest Paid Employee - A Predatory-Debt-Collecting Marshal - Made $1.7 Million Last Year

A brand new expose by Bloomberg shines light on modern day loan sharks: city officials that are armed with badges like Vadim Barbarovich, who earned $1.7 million last year, easily giving him the .....»»

Category: blogSource: zerohedgeNov 30th, 2018

Chip demand for auto electronic systems promising

Sales of automotive electronic systems are forecast to grow 7.0% in 2018 and 6.3% in 2019, the highest growth rate in both years among the six major end-use applications for semiconductors, according to IC Insights......»»

Category: topSource: digitimesNov 23rd, 2018