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Finance & Insurance
22 posts
Fed pauses rate cuts
The Federal Open Market Committee pressed pause on cutting interest rates Wednesday. After cutting rates more than 100…
Average used vehicle loan drops according to Experian
The average used vehicle loan dropped in the third quarter of 2024 from the same period in 2023.…
Fed cuts interest rates for third straight meeting
The Federal Open Market Committee cut interest rates another quarter of a point Wednesday, lowering the federal target…
Report shows financial well-being of families falls
The overall financial well-being of U.S. families fell in 2023, with 43 percent of households having difficulty paying…
Federal Reserve announces another rate cut
The Federal Open Market Committee delivered a cut to interest rate for a second straight meeting Thursday. The…
The 3 Cs of renewing credit
With the tightening economy, many independent dealers are finding it increasingly difficult to secure additional capital. Before dealers…
CFPB issues rule on personal financial data rights
The Consumer Financial Protection Bureau this week announced its final personal financial data rights rule. The rule will…
Role-playing helps drive home lessons on collections
Standing in front of the class, Bill Elizondo transformed from teacher into the on-site collections manager. One by…
Federal Reserve pauses interest rate hikes
The Federal Reserve hit pause on interest rate hikes Wednesday. The Federal Open Market Committee elected to maintain…
Auto credit continues to tighten
Auto credit continues to tighten for lenders. According to the new May Dealertrack Credit Availability report released by…