Wells Fargo Adding More Car Loan Branches Nationwide
Wells Fargo revealed to Reuters on Tuesday that it has begun creating more branches devoted to car loans and financing for auto dealers as a way to increase its auto lending business in a relatively low-risk environment. According to the...
New Report Shows Auto Insurance is More Affordable for Teens on Parents’ Plans
A new study conducted by InsuranceQuotes.com found that 18-year-olds pay an average of 18 percent more for car insurance when they sign up for individual plans than they do when they remain on their parents’ policies. The report, which was...
New Report Reveals How Marriage Affects Car Insurance Rates
A new report released by Consumer Federation of America earlier this week has revealed that married women pay less for car insurance than their single and widowed counterparts. According to Money Talks News, which assessed the findings on Tuesday, the...
4 Tips for Finding Cheap Car Insurance Online
Earlier this week, NerdWallet put together a handy new guide to help consumers find the cheapest car insurance rates online. According to the site, a little bit of Internet research can pay off big time, especially when you take into...
Auto Sales Set for Big Second Half of the Year
Industry experts are preparing for a big second half of the year after auto sales soared higher than expected in the first six months of 2015. “A couple of months ago we thought sales would start to level off and...
New Study Shows Adding Teen Drivers Can Double a Family’s Car Insurance Premiums
Bad news for the parents of teenagers: A new study conducted by InsuranceQuotes.com, which was released on Monday, found that the monthly premium a married couple pays for car insurance can jump by as much as 80 percent once a...
Red Car Auto Insurance Myth Debunked
There’s probably a pretty good chance you’ve heard the myth that red cars cost more to insure than vehicles of any other color. “For years there has been a notion that color plays a significant part in calculating insurance premium...
Allstate Now Offering Auto Insurance for Uber Drivers
Allstate announced on Wednesday that it will now be offering auto insurance plans for drivers who pick up passengers via apps like Uber and Lyft. According to Chicago Business, the brand new Ride for Hire policy will come with a...
Experts Suggest Driverless Cars Could Slash Auto Insurance Rates
As driverless cars continue to become more and more of a reality, experts suggest that we could eventually see auto insurance rates begin to drop. A recent study by RAND Corp. found that the increased safety benefits from self-driving cars...
Wells Fargo Caps Subprime Auto Loans
Wells Fargo announced on Monday that it has put a cap on the amount of money it will loan to subprime borrowers. As reported by CNBC, according to execs, the San Francisco-based banking giant “is limiting the dollar volume of...