Thousands in Texas Lose Cars Amid Calls for Loan Restrictions

A lack of statewide regulation on so-called payday and auto-title loans is being acutely felt by low-income borrowers. More…


For Student Loan Borrowers in Default, Redemption Just Got Easier

Income, expenses and family size help determine the size of monthly payments for loans in rehabilitation under federal rules enacted on July 1. More…


Texas Car Lender Is Accused of Distortion in Subprime Inquiry

First Investors Financial Services Group is accused of giving credit reporting agencies flawed data about thousands of car buyers. More…


NY Fed: US Auto Loans Soar to Highest in 8 Years

New U.S. auto loans jumped to the highest level in eight years this spring, fueled by a big increase in lending to risky borrowers. More…


Probing the Bad Effect of Payday Loans

Payday loan stores seem to be popping up everywhere and a few people think that they are the best things ever, but in reality they are the tabloids of the credit industry, as far as reputable credit institutions are concerned. It’s obvious that they are supplying a tangible need for the demands of the public,…


Help Is on the Way for Repaying Student Loans

President Obama has expanded a program that caps monthly student loan repayments at 10 percent of income and lets any balance after 20 years be forgiven. More…


Moody’s Tamps Down Concerns About Surge in Auto Loans

In a new report, Moody’s says banks have remained “conservative” in their lending. While the report acknowledges rising auto loan balances, it concludes that “consumers owe less now than they did during the recession so they can afford to… More…


When a Car Loan Means Bankruptcy

The federal government must crack down on the auto lending industry’s all-too-common risky and deceptive practices. More…


Personal Loans and What You Need to Know

As long as you understand this information and do your best to handle payday loans responsibly, your experience with these little lifesavers should be a positive one. Spend and save wisely, yet get help when needed. More…


Morning Agenda: Scrutiny of Subprime Auto Loans

A civil investigation is underway into the booming business of subprime auto lending. | The Gannett Company is spinning off its print operations. | Was Valeant’s deal with William A. Ackman too clever to be legal? | Google is sponsoring a… More…