Lisa C. Guerrero

SAIC Motor and Tajeer Group, the exclusive distributors of MG cars in Saudi Arabia, have turned to distributed ledger technology (DLT) to fund a deal. The deal sees financial giant HSBC as a party to the landmark transactions as it is a…

Good reasons to use a personal loan You can use funds from a personal loan to pay for anything. But some of the best uses include paying off credit card debt, covering unexpected financial emergencies, or financing the…

Long Islanders will soon face higher borrowing costs for credit cards and auto loans — and slightly better savings rates — following the Federal Reserve's hike in its rate benchmark by three-quarters of a percentage point on Wednesday.…

By CORA LEWIS, Associated PressNEW YORK (AP) — Mortgage rates have jumped, home sales have plummeted, and credit cards and auto loans have become more expensive. Savings rates are slightly juicier, however.As the Federal Reserve has…

1Mercier. 2022. Human Risk 2022. Marsh McLennan. Available at www.mercer.com/our-thinking/health/mmb-managing-risks-for-workforce-and-business-resilience.html 2Mercier. The Rise of Inflation and Pension Savings, 2021, available at…

Insider's experts choose the best products and services to help you make informed decisions with your money (here's how). In some cases, we receive a commission from our our partners, however, our opinions…

I came across an interesting tweet the other day that expressed what many gasoline car drivers are feeling every day, especially with fuel prices in 2022. It's almost pornography at this point... pic.twitter.com/8jawedgDsc — Super 70s…

JAMESTOWN - Retool'22, a conference on climate technologies for manufacturers and the manufacturing…

Cavan Images OFG Bancorp Earnings (NYSE: OFG) will likely continue to increase over the next year and a half due to the strength of Puerto Rico's economy, which will increase the size of the loan portfolio. In addition, the margin will…

NEW YORK — Americans have become fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.Buy now, pay later loans allow users to pay for items such as new sneakers,…

Buying a car continues to be a challenge amid record inflation, a shortage of support and rising interest rates. Since the start of the Covid-19 pandemic, prices for new and used cars have risen dramatically, leaving buyers with limited…

The North Texas bioscience and healthcare innovation community is home to nationally recognized start-ups and companies that are well-positioned to attract additional industry growth. BioNTX, a North Texas business organization that…

Besides the latest price, Indy Auto Man has captured the hearts of its customers by setting the highest standards in the used car market. Indy Auto Man, which is one of Indianapolis' largest used car dealerships, currently stocking over…

Cox Automotive reported on Thursday that used car sales slipped in August, following a report earlier this month that new car sales were flat. This time it's not just inventory. Cox Automotive said the slowdown was beginning to reflect…

Americans continue to go deeper and deeper into debt American consumers continue to deal with rising prices and support the declining economy by using their credit cards. Total consumer debt rose another $23.8 billion in July to a record…

NEW YORK — Americans have become fond of “buy now, pay later” services, but the “pay later” part is becoming increasingly difficult for some borrowers.Buy now, pay later loans allow users to pay for items such as new sneakers,…

PETOSKEY — In an effort to encourage people to switch to solar power, the Groundwork Center for Resilient Communities, League of Women Voters of Northern Lower Michigan, and Michigan Interfaith Power & Light are hosting the second…

A pool of prime fixed-rate auto loan receivables will underwrite the latest transaction from the Nissan Auto Receivables Owner Trust, a transaction that is expected to issue approximately $1 billion in Class A notes.The Series 2022-B…

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, which we will always identify, all opinions are our own. By refinancing your mortgage, the…

A single mom who found herself saddled with over $34,000 in debt six years ago shares her journey to becoming debt free and is now empowering other single moms to take control of their finances .Dyana King, now a mum-of-two – Mikayah, 9,…

By Youssef SabaDUBAI (Reuters) - State-backed digital bank Wio said on Tuesday it had launched in the United Arab Emirates and would initially focus on small and medium-sized enterprises (SMEs) while considering a possible public…

If you're looking for a new car but don't have enough money to buy it up front, you're probably considering taking out a loan to help finance your purchase. Depending on your situation, a car loan or a personal loan could each be an ideal…

Munich, Germany, September 11, 2022 -- (PR.com) -- Until now, non-EU students did not have access to study support like Bafög in Germany or similar support programs. The new "CHE Studienkredit Test 2022" mentions the startup Ed-Tech…

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Buying a car can be stressful, especially with higher interest rates and the rising costs of a vehicle new…

It is becoming increasingly difficult to qualify for a car loan. Lending tightened in August for the fourth consecutive month. The Dealertrack Credit Availability Index tracks auto loan application data to indicate whether access to auto…

Rising interest rates and record inflation Americans have been experiencing this year are the reason many new purchases, big and small, are being put on the back burner. Not only are the prices of everyday goods much higher, but the cost…

PHOENIX--(BUSINESS WIRE)--carvana (NYSE: CVNA), the industry pioneer for buying and selling used cars online, is simplifying its vehicle finance qualification process even further by offering Knoxville residents the ability to add…

According to its website, India's third-largest public sector lender, Canara Bank, has raised its marginal cost of lending rate, or MCLR, on all maturities. The MCLR, a key point for deciding loan interest, was raised by up to 15 basis…

Flipping cars has been a side hustle for years as a way to earn some extra cash. But at a time of rise in used car prices and ordering vehicles online, the game has changed - and the profits are much higher.Here's how car flipping…

Are you looking for a new car? If so, you're probably considering your financing options. This blog post will actually describe some of the most popular financing options available to you. He will also discuss the pros and cons of each…

After raising €165m to provide alternative long-term financing options in March and another €150m credit facility from Pollen Street Capital in April, Stockholm-based ArK Kapital has doubled its equity financing from 15 million euros to 30…

Guaranteed Asset Protection, or GAP, has long been a source of revenue for the F&I industry and a product that vendors say is important to some consumers. But a set of rule changes proposed by the Federal Trade Commission in June that…

Winslow said there are significant differences between auto loans and mortgages."The thing is, auto loans are much more like consumer loans than mortgages," Winslow said. "In the context of mortgages, banks are required to obtain…

Editorial independenceWe want to help you make more informed decisions. Certain links on this page - clearly marked - may direct you to a partner website and allow us to earn a referral commission. For more information, see How we make…

Car showroom. (Source: Shutterstock) Offering lower interest rates was a big reason credit unions racked up a share of auto loans in the second quarter, which set a record dating back to at least 2007, an analyst said. Experian.…

"False Credit Karma 'pre-approval' claims cost consumers time and subject them to unnecessary credit checks," said Samuel Levine, director of the FTC's Consumer Protection Bureau. “The FTC will continue its crackdown on digital…

Comment this storyCommentVirtue can bring rewards, as more and more businesses are discovering when applying for a loan. Some banks offer rebates to borrowers if they meet targets for reducing pollution, reducing food waste, or even…

Not everyone is entitled to low interest rates on car loans. Borrowers with bad credit often have to settle for dealer loans with high interest rates. An auto refinance loan allows you to take out a new…

Credit Union 1 (CU1) has a $500 checking account promotion with qualifying direct deposits. Available to new customers and existing customers who have not yet set up direct deposit. Based in Illinois, CU1 membership is open nationwide…

Even before the evening of August 21, Hiroshi Mikitani, the founder of Japan's largest e-commerce company, was having a tough summer. Rakuten's recently launched mobile business was bleeding money, shareholders were questioning its…

New Hampshire Governor Sununu said CNN's State of the Union that he opposes the forgiveness of student loans. He called the education debt relief "intrinsically…

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JACKSON HOLE, Wyoming (AP) — When Diane Swonk first attended the Federal Reserve's annual economic conference in Jackson Hole in the late 1990s, there was a happy hour for women attending the event. He barely filled a single…

US banks extended significantly more credit in the second quarter, with one notable exception: auto loans.Growth in loans to consumers buying cars and trucks in the second quarter slowed to half the pace of the previous three months, as…

A little over a week ago, Berkshire Hathaway (BRK.A 0.14%) (BRK.B 0.11%) made news when it released its 13F filing, which detailed changes to the company's $300 billion stock portfolio in the second quarter. Investors are…

JPMorgan is probing major investors to add India to its widely followed emerging markets bond index, paving the way for tens of billions of dollars in inflows as the country's domestic market opens to foreign capital. The Wall Street…

Sixty-two percent of auto borrowers financed used vehicles during the second quarter, up 2 points from the first quarter and 4 points from a year earlier, Experian said Thursday. The flight to used vehicles was seen at all levels of…

The European Bank for Reconstruction and Development said it was promoting the competitiveness and resilience of small and medium-sized enterprises (SMEs) in Poland by supporting the operations of leading independent factoring company…

Approximately $470 million of rated asset-backed securities New York, August 23, 2022 -- Moody's Investors Service (“Moody's”) has assigned final ratings to notes issued by Chase Auto Owner Trust 2022-A (CHAOT 2022-A). This…

Used car prices are finally coming down, but…

If you buy something through our links, we may earn money through our affiliate partners. Learn more.What is an Economic Disaster Loan? It's a question small businesses are asking due to the COVID-19 pandemic. We will provide an overview…

Adam SmigielskiAllied Financial (NYSE: ALLY) is over 100 years old, with its roots in the auto finance industry. The company began life in 1919 as General Motors Acceptance Corporation (GMAC) as a captive automobile lender to General…

Image source: Getty Images Finding the best home for your money is important.…

Over 43 million Americans have student loan debt. According to a 2021 MeasureOne assessment, 93% of the $1.7 trillion projected total student loan debt in the United States is federal loans. Despite the prevalence of federal student!-->…

Healthcare worker Cleveland Wishop landed at Baltimore-Washington International Airport last fall hoping to…

Refinancing and trading in your car are two different processes – so neither is better or worse than the other. The pros and cons depend on what you want out of your car and your finances.Is refinancing or exchanging a car…

It's no secret that Warren Buffett loves stocks from the financial sector, as you'll find several big banks among Berkshire Hathaway. And in 2022, a new banking stock was added to the portfolio: Allied Financial (ALLY…

BEARDSTOWN - A building at 101 W. Third St. that dates to 1843 houses a courtroom and museum.This is not just any courtroom, however, it is the last remaining active courtroom in which Abraham Lincoln ever presented a legal argument.…

The problem with taking a one-size-fits-all approach to a topic like the right car loan term is that it doesn't take into account, well, you. In other words, your age, your monthly budget, your creditworthiness, etc. are different from…

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Commercial business loans provide financing for…

By Curt Peterson At its Aug. 15 meeting, the Windsor Central Supervisory Union's policy committee discussed a capital debt repayment policy that is still at the idea stage, according to its presenter, Ben Ford of Woodstock. , who chairs…

As the post-COVID economic boom cools, the US economy is on the brink of recession. This daunting prospect has many people looking for ways to shore up their finances ahead of a downturn. If you're thinking of paying off your mortgage to…

Dealerships that want customers to keep coming through doors and inventory flowing should focus on used car models that have fallen or risen in price over the past year. An iSeeCars analysis of…

Toronto - Nevada Silver Society (TSXV: NSC) (OTCQB: NVDSF) (“NSC” or the “Company”), following its press release March 24, 2022is pleased to provide an update on its plans to sell shares of its wholly-owned indirectly subsidiary UNITED…

Last week, Chief Financial Officer (CFO) Florida Jimmy Patronis sent a letter to the credit rating agency Equifax regarding a recent coding error that led to inaccurate reporting of…

Recently married and with his first child on the way, auto worker Wang (王) wanted to move into the apartment he bought in Wuhan three years ago, but those…

Image source: Getty ImagesIf you need to borrow…

Tesla toured Spain and offered local communities the chance to test drive its best-selling electric vehicles. The company toured its Model 3 and Model Y vehicles!--post-header-->…

You can close a credit card while it still has a balance, but there are very few situations where that makes sense. When you cancel a credit card, you are still responsible for paying off that debt and your balance will continue to earn…

Through another innovative solution from the RTP network, US Bank can now provide loan funds to car dealerships instantly after the bank finalizes the loan agreement. Following a successful pilot project completed in June,…

Eligible California customers can join FLEXmarket™SANTA CRUZ, Calif., August 9, 2022 /PRNewswire/ -- Cultivation warehousea leading provider of services and equipment for controlled environment agriculture, is now a Recurve FLEX…

Car modifications and resources can enable people with disabilities to drive.Modified elevators, pedals and speed controls are common modifications.Insurance premiums for modified vehicles may be higher due to…

Like the US Fed, India's central bank also came as no surprise this time around, as it hiked the repo rate by 50 basis points last Friday. The repo rate – at which the RBI…

Spire Bank, Chester House branch. Teachers fear the lender will sink with their hard-earned savings. The High Court has dismissed a motion to block the liquidation of Spire Bank, clearing the way for the struggling lender to be sold.…

The educational and industrial complex laughs all the way to the bank. By Wolf Richter for WOLF STREET. One person's loan is another person's asset. If the loan is cancelled, the property is destroyed. It's like that. No one is…

Nissan is already offering 84-month financing on its highly anticipated Z sports car. According to an incentive newsletter sent to dealers earlier this week, the company is now offering a way to finance the 2023 Nissan Z for…

The United States Supreme Court recently denied the California Trucking Association's (CTA) request for certiorari related to a case involving a federal preemption of California Assembly Bill 5 (AB-5), a law that changed the statutory…

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Buying a new car is nice, but it can have a big impact on your finances.Ask yourself if you can afford a new car before embarking on your dream model.Auto loan payments and auto insurance rates vary depending on…

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Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Reliable vehicles can make or break your profit…

The outstanding loans and leases balance increased due to much higher vehicle prices but much lower sales volume. By Wolf Richter for WOLF STREET. In 2020 and 2021, consumers used their stimulus money and their extra unemployment…

If you're looking for ways to improve your credit score, there's no quick fix. However, you can boost your credit score with major credit agencies by using the seven tips below. 1. Read your credit report It helps to…

Clix Capital (Clix), a leading!-->…

By Elizabeth Dilts MarshallNEW YORK, Aug 1 (Reuters) - As high inflation forces Americans to spend more on gas and bills, young and low-income consumers are starting to feel financial pressure.Gen Z consumers and those with low credit…

Rosie Romero special for the Arizona Daily Star There are many misconceptions regarding residential solar panels (systems). It can be difficult to decipher the…

Most Americans depend on cars to get around, but recent data shows that buying a new vehicle may now be out…

A customer holds a credit card at a pay gas pump in Rolling Meadow, Ill., Thursday, June 30, 2022. The U.S. economy contracted from April through June for the second…

A Little Rock man who pleaded guilty to conspiracy to commit bank fraud and identity theft has been sentenced to serve nine years in federal prison and pay more than half a million dollars in restitution. to a series of fraudulent loans…

NEW YORK, July 29 Aug. 1, 2022 (GLOBE NEWSWIRE) -- As Global Capital Partners Fund LLC hits $2.5 billion in deals, it continues to review its lending services and compare them to various programs offered by other lenders to unlock new…

The latest mortgage rates Getty Images…

Chairman Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in slowing demand for homes, cars and other goods and services. Spending cuts could then help bring inflation, recently measured at a…

SAN MATEO, Calif.--(BUSINESS WIRE)--Upstart (NASDAQ:UPST), the AI ​​Loan Marketplace, today announced that it has been named the fastest growing automotive retail software in the United States for the second quarter 2022, according…

A sign reading 'Bitcoin accepted here' is seen at a store where cryptocurrency is accepted as a form of payment in San Salvador, El Salvador October 4, 2021. Picture taken October 4, 2021. REUTERS/Jose CabezasJoin now for FREE unlimited…

Paying for your car is probably one of your biggest monthly expenses. Understanding how to pay off your auto loan faster can help you save a lot of money, even if you have one of the best car loan rates.…

The Department of Energy announced yesterday that it would lend $2.5 billion to automaker General Motors Co. and battery maker LG Chem Ltd. to accelerate the construction of three American factories that will manufacture essential parts…

Getting a car refinance loan with a bad credit rating is very similar to getting one with any other credit rating. But with more limited options for lenders and even fewer options for lenders with reasonable rates on…

Saudi Arabia: The Tourism Development Fund (TDF) today announced the signing of a three-party agreement with Ennismore, the world's largest and fastest growing lifestyle hotel company, and Al Rajhi Capital, the a leading asset manager in…

Image of Wolf Street via the Tweet feed belowThe auto loan bubble is about to burstA pair of excellent Tweet threads explain what's going on with car prices and pending foreclosures. The worst time to buy in 30 years There has never been a!-->!-->!-->!-->!-->…

Select's editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from…

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A recent survey by Mercedes-Benz reveals that most Germans want to switch to an electric vehicle, among other things. According to a recent Kantar survey for Mercedes-Benz Mobility, 80% of premium car drivers in Germany plan to switch to…

CARACHI: Auto finance grew by 19.4% year-on-year and reached Rs 368 billion in the fiscal year ending June 2022, which boosted car sales. "June car sales grew 106% yoy and 24% mv in anticipation of higher vehicle prices after the…

Mary Pollard is Vice President of Consumer Lending at Ascend Federal Credit Union.There may finally be light at the end of the tunnel for Middle Tennessee residents who are in the market for a used vehicle. Used vehicle prices have soared…

Buying a recreational vehicle, also known as an RV, is a big expense, which ranges from $35,000 to $1 million or more. Many people turn to RV loans to help finance such a large purchase.Available from online lenders, banks, credit unions,…

Credit rating agency Experianwith the S&P Dow Jones Indicesreleased its latest monthly iteration of its Consumer Credit Default Index Report for June 2022 which aims to represent a “full” measure of changes in consumer credit…

Market Field Service Software (www.markate.com) is a mobile management solution suitable for HVAC and home service businesses with up to 20 employees. It provides basic functionality to help run a business from a desktop or on the go…

Four of the five major Metropolitan Statistical Areas ("MSAs") posted higher default rates compared to last month. Miami posted the largest increase, up 15 basis points to 0.99%. Chicago and dallas each rose five basis points, to 0.58% and…

NEW YORK — The economy is a little wobbly, but General Motors CEO Mary Barra isn't backing down from a bold prediction: By the middle of this decade, her company will sell more electric vehicles in the United States than Tesla, the global…

New rule: a dealer will have to tell you how much a car will costWhat to do now: Get the price in writing before you go to the dealership. The FTC's proposal would require dealerships to disclose the full price of a car to…

Latin America (LatAm) has lagged behind much of the world when it comes to technology solutions that improve financial well-being. Today, 70% of Latin America's population remains unbanked or underbanked, and 58% of point-of-sale purchases…

Select's editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from…

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The quarter ending June 30 was a crucial time for Carvana to work on factors it can control, such as managing its cash outlays, analysts said: If it cuts expenses effectively, it will be better off. able to manage a possible lull in…

CLEARFIELD — Clearfield County commissioners addressed several points of business on Tuesday. Commissioners: authorized the Clearfield County government to explore financing options with Huntington…

Source: Adobe Stock. While the overall new vehicle market is down this year, electric vehicle sales continue to rise, benefiting credit unions responding to the market and creating openings for fintechs. Cox Automotive said on Wednesday…

Comment this storyCommentWith inflation at the highest level in 40 years, your emergency fund has just been elevated to "stat" status. It's always been necessary to have a rainy day fund, because it's not a matter of if you will have a…

Hyderabad: In just two years, the Covid pandemic has radically changed people's behavior. One of these changes manifests in people who can afford to spend. People, it seems, are no longer eager to save money for unexpected rainy days;…

DALLAS, July 14, 2022--(BUSINESS WIRE)--EFG Companies sees several market opportunities in the second half of 2022 for the automotive retail, powersports and F&I sectors, but advises caution due to market volatility, ongoing supply…