Morning Agenda: Auto Loans to Minorities Under Scrutiny

Auto Loans to Minorities Under Scrutiny | Yoox to Buy Net-a-Porter | Regulators Keep Closer Eye on Bank Directors | S.E.C. Accuses Financier of Defrauding Investors More…


Prosecutors Scrutinize Minorities’ Auto Loans

Government authorities say auto sellers are singling out minority borrowers and extending them the costliest car loans, which could exacerbate the economic distress in some neighborhoods. More…


New York City Starts Car Loan Program to Curb Abusive Practices

After being deluged with complaints, the Department of Consumer Affairs introduces a program for borrowers to get loans directly from some lenders. More…


Many Buyers for Santander’s Subprime Loan Bundle

Despite rising delinquencies and repossessions, Santander Consumer USA had little trouble finding buyers for a $712 million bond deal containing many automobile loans to those with tarnished credit. More…


Payday Loans for Unsteady Income – How to Make It Sure You Can Pay It Off

Payday loan is your choice? Prepare to learn how to pay it off. Risky, tricky but likely to become possible. More…