Susan Tompor: What it takes for risky borrowers to get a car loan | Money

Subprime borrowers may not be locked out of car loans, but they’re not getting the deals that many other car borrowers are seeing in 2020.

Car loan rates, again in general, remain favorable in 2020.

If you have a good credit score, the best car loan rates are in the 2% range, such as 2.69% to 2.99%, according to Bankrate.com. Those car loan rates can be had with credit scores of 700 or better.

Banks and credit unions aren’t offering 0% rates but some manufacturers continue to offer a few here and there to those with great credit on select models. In general, many 0% deals now are targeted to move older models, including some 2019 models, according to Cox Automotive. It’s a very different landscape from April when 0% blanketed much of the industry. Now, it’s rare to see 0% for 84-month car loans.

General Motors, for example, is

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Owning an electric car really does save money, Consumer Reports finds

Owning an electric car really does save money, Consumer Reports finds

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If you bought a Tesla Model 3 instead of a BMW 3 Series or Audi A4, you’d probably save $15,000 over the total lifetime of the vehicle. That’s according to a new analysis from Consumer Reports, which examines the total cost of ownership for electric vehicles—both battery EVs and plug-in hybrid EVs—versus comparable internal combustion engine vehicles.

CR found that much lower maintenance costs and the lower price of electricity compared to gasoline more than offsets the higher purchase price of a new BEV compared to an ICE.

Operating and maintenance costs were calculated using data from annual reliability surveys conducted by CR in 2019 and 2020. Among other data collected, the survey asked CR members to estimate their automotive maintenance and repair costs and driven mileage over the previous 12 months, as well as total mileage of their vehicle. (CR filtered out outliers who drove fewer than

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A New Article Presents Several Ways To Save Money On Car Insurance – Press Release

LOS ANGELES, CA / ACCESSWIRE / October 3, 2020 / Compare-autoinsurance.org (https://compare-autoinsurance.org) is a top auto insurance brokerage website, providing car insurance quotes online from trustworthy agencies all over the United States. This website offers car insurance info about different coverage types, available discounts, and money-saving tips.

Car insurance policies can cost as much as several thousands of dollars per year. It might not look much, but for many families, car insurance can be a burden. Some are even considering dropping coverage.

Drivers who consider dropping coverage should follow the next tips on how to save on car insurance:

  • Graduate a defensive driving course. Very young drivers are charged extra on their insurance policies. Insurance providers consider teens high-risk drivers because they lack driving experience. Also, statistics show that teen drivers are more likely to be involved in car accidents. Teen drivers can lower their insurance rates by
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Clearcover might be your ticket to saving money on car insurance

Many of us are not feeling quite as wealthy as we were a few months ago, and it’s only natural that we’re searching for ways to cut back.

When it comes to monthly bills, car insurance is definitely worth targeting. When’s the last time you compared rates? Sure, it can sound annoying and time-consuming, but your efforts can result in some serious cost savings. Clearcover Car Insurance is making it a lot easier than you likely remember. This startup offers smarter car insurance that is more affordable than most providers, and much easier to manage.

While many car insurance companies make you fill out endless forms or wait on hold for an hour just to get a quote, Clearcover makes it easy. The process takes a few minutes, and there is a good chance your quote will be lower than your current insurer. One reviewer reduced his insurance bill by

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Top Car Insurance Discounts That Will Help Policyholders Save Money – Press Release

LOS ANGELES, CA / ACCESSWIRE / October 1, 2020 / Cheapquotesautoinsurance.com (https://cheapquotesautoinsurance.com) has launched a new blog post that presents the most valuable discounts which will make drivers get cheaper car insurance.

For more info and free car insurance quotes online, visit http://cheapquotesautoinsurance.com/top-car-insurance-discounts

Clients should profit on all discounts they are eligible for. Insurance companies are known for providing multiple discounts. Drivers are recommended to request their insurer to provide a list of discounts and their respective requirements.

  • Bundling discount. Since car and home are the most expensive to insure, combining coverage with the same company can provide a discount that will save the client a lot of money. Multi-vehicle plans can also provide significant savings. The value of the discounts varies a lot, depending on the insurer, the number of combined policies and the value of the insured belongings. Some companies are willing to offer
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Valley auto repair shops raising money for breast cancer awareness month



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© Provided by KMPH – Fresno-Visalia


Four Valley auto repair shops are teaming up to raise money for Breast Cancer awareness throughout October. 

Starting next month, Clovis Auto Shop, Romita Auto Repair, Transmission City, and Zarate Smog and Auto Repair will be raising money for the ‘Brakes for Breast’, Breast Cancer Awareness Month Event. 

For every brake service performed, customers will receive their brake pads for free and only pay for labor and other parts.



a vase filled with pink flowers on a table


© Provided by KMPH – Fresno-Visalia


In turn, the shops will donate 10% of the money made from brake services to the Cleveland Clinic Cancer Vaccine Research Fund.

The shops aim to be part of the group that finally helps Brakes for Breast raise $1,000,000 in donations for The Cleveland Clinic. 

Clovis Auto Shop

  • 210 Clovis Ave, Clovis, CA 93612
  • (559) 323-4141

Hours:

  • Mon – Fri: 7:30 am – 5:00 pm

Click here to schedule

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It’s time to treat dirty money like speeding cars

Sometimes, you have to feel for the bankers. 

Contrary to what the subprime crisis, the Libor scandal and the periodic tax-dodging outrages might lead us to believe, they are not venal megalomaniacs. Not all of them, anyway. A lot of bankers are perfectly decent souls trying to work within a system that, by a mixture of accident and design, facilitates some of humanity’s worst impulses. 

The saddest ones – the ones despised even by their own colleagues – work in compliance. Their job is to try to stop dirty money passing through their bank’s accounts. If they come across something fishy, they are supposed to file a Suspicious Activity Report to the banking regulator wherever they happen to be. Essentially these say: this transaction seems iffy, but we’re going to do it anyway, and if it transpires that it was indeed iffy, well, we warned you. Regulators receive insane quantities

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DSG Global Pays Off all Active Convertible Notes in Preparation for Growth and Market Expansion … | Money

Surrey, British Columbia, Canada, Sept. 22, 2020 (GLOBE NEWSWIRE) — DSG Global Inc. (OTCQB: DSGT) (“DSGT”), a technology development company engaged in the design, manufacture, sales and leasing of GPS tracking devices, interfaces for golf and electric vehicles and related support services is pleased to announce that it has repaid and satisfied existing convertible notes that had become due and convertible into common stock at a significant discount to market. As a result of the full payment of the Notes, the Notes are no longer a debt obligation of the Company and, as such, are no longer convertible into shares of the Company’s common stock.

“Eliminating these convertible notes represents a significant milestone for DSG Global as now for the first time in two years we are not encumbered by structured financing. Now that the share count is stabilized, we believe we will see a more appropriate valuation in the

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