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Examples
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It also sold a slice of its U.S. auto-loan unit last month for about $1 billion and made a recent offer to exchange some of its outstanding bonds, raising about €600 million $809 million.
Santander's Capital Move Sara Schaefer Muñoz 2011
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The Navy Federal Credit Union, which boasts 3.7 million members and $44.1 billion in assets, offers a 48-month new-auto loan at a rate of 2.49%, compared with the average auto-loan rate of 3.81%, according to Bankrate.com.
Where the Banking Deals Are Nicole Ridgway 2011
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The Federal Reserve's efforts to push down borrowing rates and sturdy values of used automobiles have made the auto-loan business more attractive to lenders.
Ally Financial Feels Out Banks for IPO Aparajita Saha-Bubna 2011
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Imagine a map of the U.S. highlighting hotbeds of consumer financial woes: auto-loan complaints in red; reverse-mortgage issues in yellow; and payday lender problems in orange.
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The Navy Federal Credit Union, which boasts 3.7 million members and $44.1 billion in assets, offers a 48-month new-auto loan at a rate of 2.49%, compared with the average auto-loan rate of 3.81%, according to Bankrate.com.
Where the Banking Deals Are Nicole Ridgway 2011
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The securitization market, which is a mainstay of the credit-card and auto-loan markets, has a place.
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Morgan, auto-loan originations fell 19% year-over-year, due to more competition.
Banks Loosen Purse Strings Ruth Simon 2011
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It also sold a slice of its U.S. auto-loan unit last month for about $1 billion and made an offer to exchange some of its outstanding bonds, raising about €600 million.
Santander Sells a Chilean Stake in Effort to Boost Capital Enza Tedesco 2011
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The percentage of auto-loan applications by prime borrowers that were approved rose to 91% in December from 82% a year earlier, said CNW Research.
Banks Loosen Purse Strings Ruth Simon 2011
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All told, auto-loan originations rose 16.9% to $183 billion in the first half of 2011 compared with the same period a year ago, according to Equifax and Moody's Analytics.
Auto Lenders Speeding Past Mortgage Woes Ruth Simon 2012
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