automobile loan


Also found in: Thesaurus.
Related to automobile loan: car loan
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.automobile loan - a personal loan to purchase an automobileautomobile loan - a personal loan to purchase an automobile
consumer loan, personal loan - a loan that establishes consumer credit that is granted for personal use; usually unsecured and based on the borrower's integrity and ability to pay
References in periodicals archive ?
(4) DBRS has performed an operational review of Skopos and considers the entity to be an acceptable originator of subprime automobile loan contracts and an acceptable servicer of subprime automobile loan contracts with an acceptable backup servicer.
'With smartphone, however, all I need to do is input my fingerprint or four-digit password number' A 30-year-old office worker surnamed Lee recently applied for an automobile loan via his smartphone.
Lower Interest for Timeliness (LIFT) is an automobile loan product tested by three credit unions in 2011-2013.
1344, as a result of his involvement in a fraudulent automobile loan scheme.
Aircraft financing is similar to getting a mortgage or an automobile loan. Necessary credit checks are performed and an appraisal is conducted on the aircraftOs value.
Because it is a significant factor used to determine the rate a consumer pays on a mortgage, an automobile loan, credit cards as well as home and automobile insurance.
We observe the performance of these loans from January 1998 through March 2003, such that a monthly record of each loan is maintained until the automobile loan is either paid in full (at loan maturity), prepaid, defaulted, or stays current.
District Court for the Southern District of New York on August 25, 2014, and docketed under 14-CV-6942, alleges that Santander s Registration Statement and Prospectus contained materially false or misleading statements or omitted material information about the Company s automobile loan underwriting and securitization practices.
ARLINGTON, Va.--A sluggish economy is an ideal time for credit unions to increase their automobile loan portfolios by adapting aggressive but sensible practices, CUDL President/CEO Tony Boutelle said at a Metropolitan Area Credit Union Management Association meeting here.
said Monday it will begin consumer and business loans in late July, initially targeting clients of its existing services such as automobile loan and leasing operations.
California Republic Bancorp (OTCBB: CRPB) has completed a prime automobile loan securitization transaction in which USD400 million in notes were sold in an underwritten public offering registered with the Securities and Exchange Commission, the company said.
Exeter Finance Corp., a specialty auto finance company based in Irving, Texas, has announced the pricing of a USD550m securitisation backed by automobile loan receivables.

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