Susan Tompor: Consumers unsure about credit scoreDetroit Free PressWhen it comes to whether you're married or not, a joint credit card could influence a score, too. If your spouse charges too much or doesn't pay the bills, for example, your score would be hurt if you're on a joint account. Co-signed accounts for auto …and [...]
All posts tagged Detroit
Susan Tompor: Consumers unsure about credit score – Detroit Free Press
Posted by autofina on May 18, 2012
http://www.autofinancecalculator.biz/susan-tompor-consumers-unsure-about-credit-score-detroit-free-press/
Bankruptcy aims to free Ally of bad mortgage assets after auto rescue – Detroit Free Press
Bankruptcy aims to free Ally of bad mortgage assets after auto rescueDetroit Free PressThe bankruptcy, which does not include Ally's core auto finance and online banking operations, is a painful step designed to free Ally's profitable business from the burden of ResCap's bad mortgage assets. "It is clear to me this is part of a [...]
Posted by autofina on May 16, 2012
http://www.autofinancecalculator.biz/bankruptcy-aims-to-free-ally-of-bad-mortgage-assets-after-auto-rescue-detroit-free-press-2/
Bankruptcy aims to free Ally of bad mortgage assets after auto rescue – Detroit Free Press
Bankruptcy aims to free Ally of bad mortgage assets after auto rescueDetroit Free PressAlly Financial was founded in 1919 as the General Motors Acceptance Corp. (GMAC), a provider of financing to automotive customers. Over the years, GMAC expanded into insurance, direct banking, mortgage operations and commercial finance.Ally Financial's mortgage unit nears bankruptcy: sourcesChicago TribuneUnit of [...]
Posted by autofina on May 14, 2012
http://www.autofinancecalculator.biz/bankruptcy-aims-to-free-ally-of-bad-mortgage-assets-after-auto-rescue-detroit-free-press/
Chrysler tells lender Ally it will end relationship next year – Detroit Free Press
Chrysler tells lender Ally it will end relationship next yearDetroit Free PressBy Brent Snavely Chrysler said today that it notified Ally Financial that it does not plan renew its relationship with the auto financing lender after it expires in on April 30, 2013. Under Chrysler's existing agreement with Ally the automaker is …and more » Auto [...]
Posted by autofina on April 26, 2012
http://www.autofinancecalculator.biz/chrysler-tells-lender-ally-it-will-end-relationship-next-year-detroit-free-press/
Detroit drivers may see insurance cuts – The Detroit News
Detroit drivers may see insurance cutsThe Detroit NewsAfter years in judicial system, the Michigan Supreme Court ruled in July of 2010 that insurance companies can consider credit scores when setting the auto premiums. Months ago, Gov. Rick Snyder's administration asked the Office of Financial and … Auto Finance Companies For Bad Credit – Google News
Posted by autofina on April 25, 2012
http://www.autofinancecalculator.biz/detroit-drivers-may-see-insurance-cuts-the-detroit-news/
Students amass mountain of debt as default rates continue to climb – The Detroit News
Alton Daily News Students amass mountain of debt as default rates continue to climbThe Detroit NewsRecent reports show that student loans are on track this year to exceed $ 1 trillion — more than credit and auto loans. Meanwhile, default rates have climbed. "Student debt has (been) growing for some time," said Lauren Asher, president [...]
Posted by autofina on April 17, 2012
http://www.autofinancecalculator.biz/students-amass-mountain-of-debt-as-default-rates-continue-to-climb-the-detroit-news/
Dealer council co-chair confident in Ally leadership – Detroit Free Press
Dealer council co-chair confident in Ally leadershipDetroit Free PressBy Katherine Yung The co-chair of General Motors' National Dealer Council said in a recent interview that he doesn't see Detroit-based Ally Financial selling its auto finance business and would be surprised if there was a sale.Chrysler dealers support automaker's bidgulfnews.comall 2 news articles » Capital One Auto [...]
Posted by autofina on April 3, 2012
http://www.autofinancecalculator.biz/dealer-council-co-chair-confident-in-ally-leadership-detroit-free-press/
Tom Walsh: Detroit financial crisis gets compared to the auto industry, too – Detroit Free Press
Tom Walsh: Detroit financial crisis gets compared to the auto industry, tooDetroit Free PressFinancial review team declares emergency for Detro…: Detroit's financial review team declared that the city is under a financial emergency and no consent agreement between the city and state has been adopted. During the meeting, outbursts and singing …and more » Auto Finance [...]
Posted by autofina on March 27, 2012
http://www.autofinancecalculator.biz/tom-walsh-detroit-financial-crisis-gets-compared-to-the-auto-industry-too-detroit-free-press/
Guest commentary: ‘Generation Why?’ searches for hope in job market – Detroit Free Press
Guest commentary: 'Generation Why?' searches for hope in job marketDetroit Free PressJobs are scarce for everyone, especially here in Michigan. I was raised in a town where nearly everyone's job depended on the auto industry. When companies began laying off workers in 2007, the financial security of the community, including that of my … Auto [...]
http://www.autofinancecalculator.biz/guest-commentary-generation-why-searches-for-hope-in-job-market-detroit-free-press/