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Auto Repair Shop Owner Finally Reveals Insider Secrets That Will Prevent You From Being Scammed By Your Mechanic.
Auto Repair Scams Revealed.

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Indiana lawmaker pushes Sunday sales of alcohol, cars
Indiana shoppers would be able to buy a six-pack of beer or a new car on Sundays if state Sen. Phil Boots is successful in rolling back two of the few remaining blue laws still in effect in Indiana.

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Wanted: Park space for Jackson Heights
Garden School principal Richard Marotta, top, addresses the Jackson Heights community at a meeting on Jan. 27. Children play in the school’s yard, at least part of which must be sold.

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Valley National’s auto loan business dwindled
Valley National Bank, one of the top auto lenders based in New Jersey, has reduced the size of that line of business by more than 40 percent over the past 2 1/2 years as demand for new cars plunged and car-loan delinquencies climbed with the recession.

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Loan program for small businesses available
Robert Cohn said he’s appealed to state and federal lawmakers for help in getting a loan that would carry his New Bern-based business, Southtech Plastics Inc., through the economic downturn.

Read more on New Bern Sun Journal

American National Bankshares Inc. Reports Fourth Quarter 2010 Earnings
DANVILLE, VA–(Marketwire – January 24, 2011) – American National Bankshares Inc. ( NASDAQ : AMNB )

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Sentencing Date Set for Ex-Twin Cities Auto Dealer
MINNEAPOLIS (AP) – Fallen Twin Cities auto magnate Denny Hecker now has a sentencing date. Hecker is scheduled to be sentenced Feb. 11 in U.S. District Court in Minneapolis.

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Big Lenders May Be First to Settle Foreclosure Probe, Iowa Says
The five largest loan servicers, including Bank of America Corp. and JPMorgan Chase & Co., may be the first to settle with the 50 state attorneys general probing foreclosure practices, Iowa Attorney General Tom Miller said.

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Statement by Michael J. Williams, President and Chief Executive Officer, on the Bank of America Repurchase Agreement
Fannie Mae has reached an agreement with Bank of America, N.A., and its affiliates – BAC Home Loans Servicing, LP, and Countrywide Home Loans, Inc. – to address outstanding repurchase requests for residential mortgage loans with an unpaid principal balance of approximately $3.9 billion delivered to Fannie Mae by affiliates of Countrywide Financial Corporation. Â Bank of America agreed, among …

Read more on PR Newswire via Yahoo! Finance

Ahead of the Bell: Higher auto sales seen in 2010
A surge in car and truck buying that began in October is expected to lift last year’s U.S. auto sales above a dismal 2009.

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India cbank: loans in bribery probe were as per rules
KOLKATA, Dec 9 (Reuters) – India’s central bank chief said on Thursday that all loans in an ongoing bribes-for-loans investigation were sanctioned under established rules.

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Riverview took loans from Fed
Vancouver-based Riverview Bank took advantage of a short-term lending program created by the Federal Reserve Bank during the height of the nation’s financial crisis, according to documents released this month. All of the loans were for short terms and all have been repaid, said Kevin Lycklama, Riverview’s chief financial officer. The low-interest loan program, which was available only to banks …

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More Auto Loans Going To Subprime Buyers
Consumers with less than stellar credit are getting car loans again as lenders loosen their standards, and the trend is likely to continue as more lenders get into the business. The percentage of loans going to subprime buyers rose 8 percent in the third quarter, their first year-over-year increase since 2007, according to a report issued Tuesday by Experian, a credit reporting agency. For new …

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Just curious due to the recent activity with GM and Chrysler Financial indefinitely not giving out any new loans during the bankruptcy. Is that even plausible?

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I am looking to get a from an auction (repot clean title) but I don’t know if banks will finance this. Is it considered a private party loan? Please help.

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I need a straight answer! The seller of the car says, we send the money through or to Yahoo Finance and they will hold the money in trust, and then they will let the seller know to send the car. We have 3 days to inspect it after which time, they will finally distribute the money to the seller. I have never heard of this, but have noticed others on here have had the same question- none of which, ever received a straight answer. Is there a site that explains this process or that brokers transactions in this way? Please help!

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We ran into some bad times and are a little behind on our vehicle loans. We have it up for sale but we are worried that they might repossess it before it sells.

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I applied for an auto loan and was approved, but once I sent in my purchase agreement my loan rep said that they would only finance auto loans for franchise dealers – no independent used car dealers. I know the car and the dealership are fine. I have the carfax report on the car and I’ve had a mechanic take a look at it. Frustrated!

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