Who would generate auto loans, mortgages and business credit if banks operated only as checking-account processors?
Raising it will mean shifting from commodities like mortgages to auto loans and consumer finance.
Wells Fargo largely confines itself to the mortgage market and other consumer sectors like auto loans.
Auto loans defaults are actually in better shape than traditional consumer lending, like credit cards.
The government stimulus on auto loans has made new car prices fall by 10%.
Raising it will mean shifting from such commodities as mortgages to auto loans and consumer finance.
That makes auto loans easier to get, which greases the skids for more U.S. auto sales.
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That includes the auto loans, student loans, and credit cards that Chris Arnold just mentioned.
In other words, credit cards, auto loans and mortgages are in better shape than student loans.
We've taken steps to unfreeze the market for auto loans and student loans and small business loans.
The totals include bank-issued and retail credit cards, auto loans, consumer-finance loans, home-equity lending and student loans.
Among APRs paid by users with auto loans, Milwaukee residents are paying the most: 14.47 percent.
Interest rates will increase for all consumer loans including college loans, auto loans, mortgages, and credit cards.
Several big regional banks retreated from making auto loans outside their home territories.
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Mortgage debt, student loan debt, credit card debt, auto loans, et cetera.
The payoff for consumers is easier access to new auto loans today, since lenders are less worried about bad loans.
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Just like mortgages and auto loans have been bundled into asset-backed securities and sold to investors, so can solar leases.
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The Fed data shows that Americans are borrowing more, mostly through student loans but also auto loans and credit cards.
Banks benefited over the past year from a decrease in consumers defaulting on mortgages, auto loans, revolving loans and credit cards.
The idea is to give banks more liquidity so they can make auto loans and student loans and issue credit cards.
Asset-backed securities have worked fine with financing things like auto loans and equipment leasing, notes New York securities lawyer Chris DiAngelo.
You should pay off your credit cards, auto loans and other obligations.
There has already been a consolidation into a limited number of experienced lenders in markets such as credit cards and auto loans.
It also takes into account how much debt you have, and how many different accounts, like auto loans, credit cards and mortgages.
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Where the agreements prohibiting class actions will probably stick, says Kaplinsky, are with credit cards, auto loans, bank deposit agreements and cellular phones.
Under TALF, credit is extended to investors for the purchase of certain designated securities backed by student loans, auto loans and credit card debt.
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Branches bring in mortgages, home equity lines of credit, auto loans, small-business borrowings, certificates of deposit, credit cards--all products with fairly predictable income streams.
Secretary PAULSON: Approximately 40 percent of U.S. consumer credit is provided through securitization of credit card receivables, auto loans, and student loans, and similar products.
But the idea of selling anything from credit cards to auto loans to existing wealth management clients may not be attractive to all of those advisors.
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We used the equity from our old house to pay off three small auto loans and to make a 35% down payment on our new house.
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