With the cost of cars rising, it only makes sense that motor loans would become more any more difficult to obtain. But the result of the rate of motor loans has less to do with the price of the automobile and more to do with the price of everything else. In the case of motor […]
A simple guide to Motor Loans
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Motor Loans Become Difficult to Obtain As Well As Mortgages
Posted on September 27th, 2008 by Bright Light
Motor Loans Getting Competitive
Posted on August 29th, 2008 by Bright Light
In order to get a good deal on a motor loan, consumers are urged to get many different quotes. There are some great competitive motor loans out there, but consumers will need to do their homework to find them.
Simeon Linstead, Head of Personal Finance at uSwitch.com comments: “Shopping around for competitive loan before shopping around […]
High Mortgages Make it Difficult to Keep Up On Motor Loan Payments
Posted on August 22nd, 2008 by Bright Light
Many consumers are finding it increasingly difficult to keep up on their motor loan payments as interest rates continue to climb and the housing market worsens. For those stuck with higher than normal house payments, the motor loan payment is usually the first thing to go. However, the costs for mortgages may be on the […]
Some Motor Loan Companies Remain Profitable
Posted on August 15th, 2008 by Bright Light
Despite many issues with motor loans, a few car companies and lenders are remaining profitable in this sector. One such motor loan success story is Volkswagen, that has actually seen a rise in sales. Many are seeing changes in the motor loan market and stating that things may not be as bad as originally thought, […]
Motor Loans Also Affected By Interest Rate Decision
Posted on August 8th, 2008 by Bright Light
The decision this week that interest rates would not change is affecting more than just the housing market. Rates for motor loans continue to remain high and after this news, it appears that they will remain that way for some time. Motor loans have definitely been impacted by housing market problems and there are few […]
Hope Springs Eternal in Motor Loan Market
Posted on August 1st, 2008 by Bright Light
Although the motor loan industry has been hit hard by the problems going on with housing, it appears as though things may finally be turning around. Although getting a new motor loan is very difficult right now, within the next few months that could be changing. Rates are starting to come down and lenders may […]
Motor Loans Forcing Consumers To Struggle
Posted on July 18th, 2008 by Bright Light
As mortgage payments go higher, consumers are struggling to make their motor loan payments. Experts are encouraging consumers to keep trying to make their monthly motor loan payments by refinancing high rate mortgages if at all possible. This should free up enough funds to make motor loan payments a lot easier. However, for those in […]
High Interest Rates Continue to Affect Motor Loans
Posted on July 10th, 2008 by Bright Light
As consumers struggle to pay off their home loans, rising interest rates have made their motor loans more expensive as well. New car buyers are steering clear of motor loans right now, and many banks are refusing to cut rates. For those that need to get a new motor loan, the current climate is certainly […]
Pensioners Having Harder Time With Motor Loans
Posted on June 26th, 2008 by Bright Light
As the mortgage crisis gets worse, pensioners are finding it increasingly difficult to keep making their payments on motor loans and other loans. There is little available equity that could help pay off a motor loan and for many there are few options when it comes to paying down their motor loan to avoid defaulting […]
US Housing Market Fueling Motor Loan Problems
Posted on June 19th, 2008 by Bright Light
As the housing market worsens in the US, the motor loan industry is feeling the pinch. New motor loans are not being approved by banks in many cases, and even those with established track records are finding it impossible to get a new motor loan. Until the housing market changes, this may be the future […]
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