The Better Business Bureau has released a warning that cautions consumers to be careful when considering automobile loan modification offers. Some currently being advertised, it seems, are nothing but money-draining scams.
According to the BBB, complaints have poured in from coast to coast against a Florida-based company called Auto Relief Group (ARG). This company has apparently [...]

The Better Business Bureau has issued a warning about an online scam costing Americans millions of dollars. Here’s the information you need to know to avoid losing thousands on a fraudulent offer:

Repossessed cars offered: This scam works by offering to sell repossessed cars for a fraction of their fair market value. (Perhaps part of the [...]

The United States Congress is currently considering a bill that would introduce a variety of financial regulation reforms to various U.S. markets, but, as NPR recently reported, car dealers—which reportedly issue $250 billion in consumer loans every year—could be exempt from the new rules.
So what could that mean for you? Potentially bad news.
Main Street or [...]

For those rebuilding credit after personal bankruptcy and/or trying to establish some financial stability, learning to save money on major purchases is a hugely valuable tool. This article from MoneyTalksNews.com explains how to buy a used car—without regret.
The article itself is detailed and worth a read, but here are the major pointers for would-be auto [...]

General Motors bought the luxurious Cadillac brand all the way back in 1909. According to Bloomberg, now, in an era when bankruptcy of all kinds are rampant and the new GM operates in the shadow of a $50 billion bankruptcy backed by the U.S. government, Cadillac is attempting to edge away from the stigma of [...]

As mentioned yesterday, National Public Radio recently released a podcast offering consumer tips for the new year, including advice regarding the Credit CARD Act going into effect early this year.
Another section features consumer reporter Bob Sullivan offering useful hints for saving money when buying a new car. Here’s a summary of his suggestions. (Note that [...]

The government’s Cash for Clunkers car rebate program is putting on the brakes starting Monday. That means you have about 48 hours to trade in your “clunker” for a new, fuel-efficient model and get up to $4,500 back.
The program, which launched July 24, was supposed to run until November 1. The government has given out [...]