Latest Car loan and car finance News 
Less than 10 percent of attempted motor finance frauds succeed
According to the Finance & Leasing Association's statistics, only 8.7% of attempted motor finance frauds succeed. And of those that do succeed, 44% of the cars involved are recovered by lenders. The FLA statistics reveal that in Q2 2010, there were 2,361 cases of attempted or suspected motor finance fraud. Rigorous checks by dealers and finance companies kept the actual number of cases where the fraud was not spotted down to 224. This figure i... [more]
Car Crime Awareness Week to raise awareness of motor fraud
In 2009, FLA members that provide motor finance reported that there were more than 11,000 attempts to obtain fraudulent car loans in the United Kingdom. Had these attempts not been caught during lender checks, it would have resulted in loans worth £133 million being granted to fraudsters. The car finance industry has teamed up with a specialist police unit to crack down on cases of car finance fraud, at a time when attempted fraud is on the incre... [more]
First increase in dealer finance provided to consumers for new cars in over a year
Sales of new cars bought by consumers using dealer finance have grown for the first time since July 2008, according to figures published by the Finance & Leasing Association (FLA). In August, the number of new cars sold with dealer finance to consumers increased by 4% compared with the same month last year (see table below). While this is welcome, a recent survey of FLA members confirmed that the high cost and restricted availability of wholes... [more]
Honda CR-V sales are bucking the trend
Honda's CR-V sales are up 48 per cent on its nearest competitor, proving the British-built model is still capable of bucking the trend three-years after it was launched. This year, 6,531 units of the CR-V have been sold, boosted by a range of finance packages and a complimentary redundancy payment protection plan that provides added security for customers. Honda is offering an array of finance options including 0% APR, low deposit and low m... [more]
Few weeks remaining to take advantage of Honda great spring offers
Whether commuting, leisure riding or experiencing a great motorcycle adventure, bikes offer a convenient, fun and cost-effective way of getting around. With great affordable finance and free accessory offers, now is the time to get on to two-wheels with Honda. There are just a few weeks remaining to take advantage of Honda (UK)’s great spring offers on a range of its acclaimed motorcycle models, from superb 0% and affordable finance deals acro... [more]
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Car loan and car finance in the news
401(k) loan? It may make sense
New research suggests it may be worthwhile to use retirement money to pay off some types of debt.
Why You Should Drive a Clunker
Before you buy your next car, consider the advantages of a rundown one.
Japan May Raise GDP Estimate as Spending Drop Eased
Japan’s economy probably grew more than three times the government’s initial estimate, economists said after a report showed companies cut spending at the slowest pace since 2007 as a result of strong overseas demand.
Amid delinquencies, Florida cuts past-due car loans
The rate of past-due car payments in Florida has fallen during the past year, mirroring a nationwide trend and providing a glimmer of hope that more cash-strapped Floridians are getting their financial act together, according to a new survey.
Only at MWSS: Even drivers get car loans
Where can you find a driver who is entitled to a car loan? Answer: At the Metropolitan Waterworks and Sewerage System (MWSS). Drivers may avail themselves of the loan much like the rest of the MWSS employees.
Companies Cut Spending at Slowest Pace Since 2007 as Japan Earnings Grow
Japanese businesses cut spending at the slowest pace since 2007 as demand from abroad spurred earnings.
Survey: Car buying confidence at three-year high
The number of people planning to buy a car in the six months to February next year is at a three-year high, according to latest figures from the Sainsbury's Finance Car Buying Index.
School district braces for tax initiatives
The Douglas County School District hopes for the best but is prepared for the worst at the November polls.
The Myth of Good Debt
Don't believe the hype -- no debt is "good."
Six Popular Credit Score Myths
It's one of the most important numbers in your life -- but how well do you know it?
