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A new report published this week found that the cities with the largest populations are now facing the largest amount of motor loan delinquencies. Although this is to be expected to some degree, larger cities are usually more affluent and don’t see the same problems with motor loans that smaller cities experience. However, with the […]

While many would not believe it, the housing crisis is beginning to have an effect on motor loans. Many homeowners are faced with such high payments on their homes that they are having to face a choice on which one to pay and their motor loans are suffering. This is turning into bad news for […]

There are many benefits to getting a motor loan, particularly if you are thinking about leasing from a dealership or paying for the vehicle outright. If the vehicle is for business purposes, a motor loan may be more beneficial, since you can usually write off the payments and the interest in this situation. Even if […]

A new report shows that motor loan defaults are increasing at an astounding rate as consumers try to balance their budget between rising mortgage costs and high rate motor loans. Most are deciding that their homes are more important and they are going into default on their high rate motor loans. However, experts are encouraging […]

Up until recently, the longest term motor loan offered to consumers was a five year loan, but according to the Federal Reserve, the length of these motor loans is going up. Now, it is possible to get a seven year loan and soon eight will be made available as well. Although this may help lower […]