The phrase "auto credit" is correct and usable in written English.
It can be used in contexts related to automotive financing or credit services for purchasing vehicles.
Example: "Many dealerships offer auto credit options to help customers finance their new cars."
Alternatives: "car loan" or "automobile financing".
People will have to pay more for auto credit.
Delinquencies on auto, credit cards, and home equity loans have worsened across the industry.
What has been the most difficult aspect of this? A. The timing with the auto credit crisis.
The problems that began with home mortgages, analysts say, are migrating to auto, credit card and commercial real estate loans.
The reason More Than Wheels works so well is that it's nothing like the low end of the auto credit market, which is a perilous jungle.
In recent weeks, the legal team has quietly filed similar cases against the financing arm of Honda Motor and WFS Financial, the auto credit unit of Westcorp.
Non-mortgage debt carried by households includes auto loans, credit cards, home equity lines of credit and other personal loans.
Say you have $6,000 a month in verifiable income, but your auto loans, credit cards, student loans and other monthly credit obligations come to $1,000.
In particular, many traditional funding sources for financial institutions and markets have dried up, and banks and other lenders have found their ability to securitize mortgages, auto loans, credit card receivables, student loans, and other forms of credit greatly curtailed.
Similar troubles confront a program aimed at freeing money for auto loans, credit card lending and other consumer finance.
Student loans, auto loans, credit cards and other bank debt may absorb another 10percentt of the debtor's income.
