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Auto and Student Loans Drive Borrowing Surge - Wall Street Journal

Bloomberg

Auto and Student Loans Drive Borrowing Surge
Wall Street Journal
Household borrowing through credit cards, car loans, student loans and other installment debt—which excludes mortgages—rose at a seasonally adjusted 9.3% annual rate in December, following a 9.9% rise in November, the Fed said Tuesday.
Consumer Borrowing Increased In DecemberNew York Times
Consumer borrowing rose $19.3 billion in DecemberFox News

all 259 news articles »


Fisker Stops Work on Car Factory After US Blocks Loan - BusinessWeek

DailyTech

Fisker Stops Work on Car Factory After US Blocks Loan
BusinessWeek
7 (Bloomberg) -- Fisker Automotive Inc. said it halted work on a Delaware auto factory to make plug-in sedans after the US Energy Department blocked access to its federal loan, citing unmet milestones. Fisker, behind schedule in selling its first car ...
Fisker announces layoffs as automaker misses targets, has DOE loans frozenFox News
Fisker Loses Access to DOE Loan, Lays Off Delaware Factory EmployeesDailyTech
U.S. loan on hold, Fisker electric-car plant stallsSan Francisco Chronicle
Engadget -Wall Street Journal (blog) -Motor Authority
all 198 news articles »


The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next? - Forbes

Forbes

The Student Loan Crisis Is Crippling America's Families -- Is The Economy Next?
Forbes
With student loan debt now topping US credit card debt and few or no options available for distressed borrowers (including parents who co-signed and now face the loss of nest eggs, retirement homes and other assets), America faces the very real ...
Student loans the 'next debt bomb' for US, attorneys warnInvestmentNews
Memphis Rep. Steve Cohen pushes bill to ease student loan burdenMemphis Commercial Appeal
Survey: 4 Out 5 US Bankruptcy Attorneys Report Major Jump in Student Loan ...MarketWatch (press release)
Los Angeles Times -Washington Times -NEWS.GNOM.ES (press release)
all 29 news articles »


TEXT-S&P: US bank loan growth remains weak - Reuters

TEXT-S&P: US bank loan growth remains weak
Reuters
Feb 7 - A close look at US bank loan trends indicates that new lending is far from being on solid footing, said Standard & Poor's in an article published today, titled "US Bank Loans: Battling Back From The Recession As Growth Remains Weak.

and more »


TD driving hard for auto loans - Globe and Mail

Bloomberg

TD driving hard for auto loans
Globe and Mail
TD is looking to originate about $1-billion (US) a month in auto loans, with a total portfolio of about $25-billion in the US, Mr. Clark said. However, with the auto market showing signs of life, the bank is now coming up against more competition than ...
Auto Loans in 30 Seconds Drive Accelerating Vehicle Sales: CarsBloomberg
Budget Basics of Bad Credit Auto LoansAuto Credit Express (blog)

all 9 news articles »




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