More Car Loans Going to Borrowers With Bad Credit

If you’ve been rejected for a car loan due to poor credit, you might want to apply again. The automotive credit industry increased the share of new car loans going to credit-challenged borrowers by 12.7% in the third quarter, a…

Toronto-Dominion Bank in Talks to Buy Chrysler Financial

Toronto-Dominion Bank (TD) is in talks to buy Chrysler Financial Corp. for as much as $7 billion, Bloomberg News said.

Toronto-Dominion may reach an agreement with Cerberus Capital Management, the owner of the auto-loan company, as soon as this week,…

S&P Cuts Credit Ratings for AT&T and Verizon

Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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S&P Cuts Credit Ratings for AT&T and Verizon

Standard & Poor’s lowered the credit ratings for AT&T and Verizon Communications on Monday, saying that increased competition will make it harder for the two largest phone companies to pay down their long-term debt.
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