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Dimon: The excess savings amassed by low-income consumers are now gone - Vimarsana News

Dimon: The excess savings amassed by low-income consumers are now gone

JPMorgan Chase CEO Jamie Dimon and execs with other big banks are seeing a divergence between the two ends of their customer bases.

Source: yahoo.com
Do You Know What a Second-Chance Auto Loan Is? - Vimarsana News

Do You Know What a Second-Chance Auto Loan Is?

What is a second-chance auto loan? Learn about this type of car financing, including its risks and benefits, and when it might be the best option.

Source: yahoo.com
Number of Americans defaulting on subprime auto loans nearing levels not seen since the Great Recession - Vimarsana News

Number of Americans defaulting on subprime auto loans nearing levels not seen since the Great Recession

The number of people defaulting on their subprime auto loans is nearing levels not seen since the 2008 global financial crisis. This is according to a new report from Florida-based fixed-income [...]

Subprime Auto Defaults Heading to 2008 Financial Crisis Levels, Portfolio Managers Warn - Vimarsana News

Subprime Auto Defaults Heading to 2008 Financial Crisis Levels, Portfolio Managers Warn

Consumers with lower credit scores are falling behind on their auto loans at a rapid pace and will ...

Cash-Strapped Americans Stuck in Auto Loan Delinquency Pitfall, 2008-Levels Don't Compare - Vimarsana News

Cash-Strapped Americans Stuck in Auto Loan Delinquency Pitfall, 2008-Levels Don't Compare

Despite everything else getting expensive, Tesla pulled a wild card and slashed the prices of its models in the U.S., and Europe, sometimes more than 20%...