Auto Finance Blog

Yesterday, in an article published by the Detroit News, business and marketing research firm Experian Automotive released data that shows auto loans that are 60 days past due rose by 21.2 percent in the second quarter from year-earlier levels.
In the second quarter, 0.80 percent of car loans were 60 to 89 days past due, up [...]

With the passing of the ‘Clunkers’ program, there is plenty of speculation remaining as to whether or not the program was successful.  That sort of depends upon where you are viewing it I suppose, but no doubt, some good things did happen.  Putting cash in the hands of consumers via the rebate clearly sparked some [...]

In an article last week, written by Keith Naughton and published in Bloomberg, Keith shared that Ford Motor Company is gaining ground on our Government owned GM – it has long surpassed Chrysler – this year to become the overall leader in selling autos in the USA.
The new Government owned GM emerged from the remains [...]

We are outlining and describing area of auto refinancing that are often misunderstood in the auto financing world.  . What consumers have not clearly been aware of is that by refinancing their car loan, they can possibly save money.  Misconceptions are that only individuals with bad credit should do this but be prepared for a [...]

myAutoloan.com Announces Philanthropic Initiatives for 2008. When you give you receive. We all know that saying. No matter how hard we work during the week. No matter how many projects fill our plates. We still manage to give back to our community. What a great place to work.
To read more about view the official press [...]

From all the stories in the press, the financial markets continue to push downward the “doom and gloom” scenario of the subprime lending fiasco.  Where is it landing?  It’s headed towards the auto finance marketplace.  What is being said on the street is that the major lenders have no money to lend as they try [...]

Interest rates have slowly ticked down in the last six months. With gas prices slowly going up and rates going down, it is a great time to refinance your vehicle and take advantage of the potential savings.
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See current auto loan rates.