Car loans hit a bump as creditors tighten norms

Mumbai: Funding for new car purchases has turned tight following the IL&FS liquidity crisis final yr. Rejection fees for brand new vehicle financing have shot up to 15-20 in keeping with cent against three-4 according to cent at some stage in regular periods, hurting income which had slipped to a decade-low in advance this yr. […]

Loans to come to be cheaper after RBI cuts interest price to a decade low

Home, automobile and other loans are set to emerge as cheaper after the Reserve Bank of India (RBI) on Friday cut interest rates for a report 5th immediately time to almost a decade low because it moved aggressively to revive financial growth languishing at six-12 months lows. With all six individuals of the Monetary Policy […]

Rising vintage used car charges help push negative Americans over the edge

FREEPORT, Ill: For America’s working negative, a regularly important factor for purchasing and retaining an activity – having a vehicle – has not often been more highly-priced, and thousands and thousands of people are locating it not possible to maintain up with payments despite extended monetary growth and occasional unemployment. More than 7 million Americans […]