May 21, 2012

Some Good News for Bad Credit Auto Loan Consumers

The latest securitization by bad credit auto lender AmeriCredit signals that the tight credit market may be easing. Latest report At Auto Credit Express, we see that subprime lender Americredit has just announced the pricing of a $600 million offering of automobile receivables-backed securities. AmeriCredit will use the net proceeds from this securitization transaction to provide long-term [...]

Medical Bankruptcy

ResCap Files For Bankruptcy, Eyes Paying Back Taxpayer Bailout Money

Ally Financial Inc’s mortgage unit, named Residential Capital (ResCap for short), filed for bankruptcy on Monday, according to Reuters. Ally … [Read More...]

Collegiate Concern, Investing In Your Future or Life-Long Financial Headache?

At a recent campaign trail stop to the University of Colorado, President Barack Obama stated that college is the best investment you can … [Read More...]