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Auto Loan

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Lucas County leaders mull $1.5M loan to reopen plant (The Toledo Blade)The Lucas County commissioners are considering a $1.5 million loan to Maumee Authority Stamping to reopen the auto parts plant Ford shuttered last year. The money would come from the county's cash reserves, and would be part of a short-term loan. But if the project went belly-up, it's possible the loan would not be repaid. "Is it a risk? You bet," said Commissioner Pete Gerken, an advocate ...

UAW blasts McCain for stand on auto loan (Detroit Free Press)UAW President Ron Gettelfinger criticized Republican presidential candidate John McCain on Monday for opposing government loans for Detroit automakers, saying McCain "has slammed the door on any real support for the domestic auto industry."

DACC trustees OK $1 million loan for campus upgrades (The Champaign News-Gazette) DANVILLE – Danville Area Community College trustees on Tuesday took another step toward issuing $1 million in bonds to make much-needed improvements to technology across campus. Trustees authorized the college to enter into a $1 million debt certificate, or installment loan, with First Financial Bank in Ridge Farm, which is offering an annual interest rate of 2.6 percent. By law, the college ...

Auto loans: Floating rate is in (rediff.com)Most car buyers, when applying for a loan, grapple with the question of whether they should opt for a fixed or a floating rate option.

Genoa officials use loan program to help businesses expand (The MidWeek)GENOA - Genoa city officials last week approved a loan to Tobinson's Ace Hardware from the city's revolving loan program. Last spring, Tobinson's moved from its downtown location, where it had been for many years, to a larger, new store on Rt. 23.

Amtrak Auto Train Station To Get Major Facelift (WFTV 9 Orlando)SANFORD, Fla -- New renovations will soon be underway at the Amtrak Auto Train station. The station was torn apart by the 2004 hurricanes. The renovations will cost more than $3.5 million.

Auto loans: Floating rate is in (Business Standard India)Most car buyers, when applying for a loan, grapple with the question of whether they should opt for a fixed or a floating rate option. This question assumes importance as car loans have a lower tenure than home loans.

Car title loan practices alarm officials (Midland Reporter-Telegram)A Midland woman's nightmarish experience with a car title loan company has led District Attorney Teresa Clingman and Sen. Kel Seliger to question state consumer credit regulations that allow the strong arm collection of more than 300 percent of a loan's original value.

Two auto-related businesses are targeting niche markets in Northeast Tarrant County (Fort Worth Star-Telegram)Entrepreneurs hope to draw business by targeting niche markets.

Truliant introduces fuel-efficient auto loans (Charlotte Business Journal)Truliant Federal Credit Union has introduced a car loan aimed at consumers who want to purchase fuel-efficient autos.

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