Long signs agreement providing relief to Dan Nelson customers
Long signs agreement providing relief to Dan Nelson customers
AberdeenNews.com - Dec 17 5:25 AM
PIERRE, S.D. - Loan modifications are part of an agreement to help resolve complaints filed against Dan Nelson Automotive Group and Nelson’s in-house financing company, Car Now Acceptance Corp., Attorney General Larry Long said in a release.Save to My Web
GM to sell $20 billion in auto loans
Market Watch - Dec 05 11:16 AM
SAN FRANCISCO (MarketWatch) - General Motors Corp. on Monday said it will sell up to $20 billion in auto loans to the Bank of Nova Scotia over the next five years, a move aimed at raising cash while it concentrates on turning around lagging sales.Save to My Web
5 lessons the rich can teach you
MSN Money - Dec 16 3:20 PM
They don’t just have more money. They spend it, borrow it and save it in ways that might benefit you, too.Save to My Web
Consumer borrowing in the United States falls by record amount in October
Canadian Business - Dec 07 3:28 PM
WASHINGTON (AP) - Consumer borrowing in the United States plunged in October by a record amount, reflecting a big drop in auto loans.Save to My Web
Consumer Borrowing Down in Oct. by $7.2B
WJLA-TV Washington D.C. - Dec 07 2:23 PM
Washington (AP) - Consumer borrowing plunged in October by a record amount, reflecting a big drop in auto loans.The Federal Reserve reported Wednesday that Americans’ borrowing fell by $7.2 billion at an annual rate in October, the biggest amount ever in dollar terms, including a record drop of $5.6 billion, at an annual rate, in the category that includes car loans.Save to My Web
New chief wants credit unions to grow
Delaware Online - Dec 22 1:01 AM
Patrick J. Mahaney learned early on to embrace credit unions. Mahaney’s father was head of a credit union for employees at the Electric Hose & Rubber Co., a Wilmington manufacturer.Save to My Web
BUSINESS DIGEST
San Jose Mercury News - Dec 08 6:27 PM
Local and StateNews Private equity firm Kohlberg Kravis Roberts said Wednesday that Flextronics International Chief Executive Michael Marks will join the company as a partner.Save to My Web
GMAC Frees Up Capital With $20B Loan Sale
Forbes - Dec 05 12:22 PM
The financial unit of GM will sell $20 billionin auto loans to the Bank of Nova Scotia.Save to My Web
Scotia Capital buys $20B of U.S. auto loans from GMAC
CBC - Dec 05 11:21 AM
Scotia Capital, the investment banking arm of the Bank of Nova Scotia, is buying $20 billion US worth of auto loans from GMAC, the financing arm of General Motors.Save to My Web