AFRS: ILL interest rate cap poised to present headwinds for auto finance
The Illinois 36% “all-in” rate cap, or Predatory Loan Prevention Act, enacted March 23 is poised to present significant challenges ...
The Illinois 36% “all-in” rate cap, or Predatory Loan Prevention Act, enacted March 23 is poised to present significant challenges ...
Treasury Secretary Janet Yellen said interest rates may have to rise modestly to prevent the U.S. economy from overheating due ...
The Federal Reserve succeeded in pushing back against market expectations for a rate hike in the next two years, but ...
The Illinois State Legislature passed a bill late yesterday as the Assembly adjourned that will impose a 36% “all-in” interest ...
Last week, the nation was shocked by riots at the U.S. Capitol as President-elect Joe Biden’s electoral votes were validated, ...
A recent shift away from higher interest rates may create an opportunity for auto lenders to target customers in lower ...
Last week, Auto Finance News announced that its second annual Auto Finance Executive of the Year Award goes to Ravi ...
National vehicle interest rates haven’t been this low since August 2017, with year-over-year declines each month in 2020 through November. ...