Auto sales buoyant as consumers get cheap credit

Aug 17, 2015
New loans for cars and light trucks have surpassed $1 trillion for the first time.

The numbers for October 2, 2014

Oct 2, 2014
Loan fraud, prison banks and domain name speculation: Here's what we're reading.

Are long-term auto loans a bad deal?

Apr 12, 2013
Marketplace Economics Correspondent Chris Farrell explains why long-term auto loans, which are boosting car sales, could be a bad deal for borrowers.

Americans are getting back together...with their debt

Mar 12, 2013
Americans are reigniting their love affair with debt. Sure, it spurred a financial crisis. But it's also good for the economy.

Low interest rates boost auto refinancing

Jan 17, 2013
Like homeowners, car owners are taking advantage of low interest rates to refinance high-cost auto loans.
Like homeowners, car owners are taking advantage of low interest rates to refinance high-cost auto loans.
Joe Raedle/Getty Images

Longer loans boost car sales

Sep 12, 2012
Cheap credit is boosting car sales. But more buyers are taking loans of up to seven years. Monthly payments are lower; the total cost is higher.

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Car loans becoming easier to get

Jul 31, 2012
The lending market for vehicle loans has softened, helping to drive car sales. Some lenders are even courting subprime borrowers.

Household investment is up

Mar 7, 2012
Consumer borrowing is on the rise. Here's the thing: Credit card borrowing is down. Student loans and auto loans -- investment debt -- is up.

Where lending rose and dropped

Dec 7, 2010
And this final note. For all the pronouncements that we'd become better, smarter savers out of the financial crisis, looks like the wallets are out...