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March, 2016

Hertz Global Holdings Announces Pricing of Private Offering of $1.06 Billion Medium Term Rental Car Asset Backed …

ESTERO, Fla., Feb. 4, 2016 /PRNewswire/ — Hertz Global Holdings, Inc. (NYSE: HTZ) (Hertz Global or the Company) today announced that Hertz Vehicle Financing II LP (HVF II), a wholly owned special purpose subsidiary of the Company, priced$1.06 billionin aggregate principal amount of Series 2016-1 Rental Car Asset Backed Notes, Class A, Class B, Class […]

Subprime auto loans, delinquencies up: Experian

The percentage of auto loans to buyers with the poorest credit ratings is growing faster than the rest of the auto finance market, according to a new report. Experian Automotives analysis of open auto loans in the fourth quarter raises more questions about the health of the American consumer. In addition to the growth in […]

Recent Buy: Ford Motor Company

Founded in 1903 and based in Dearborn, Michigan, Ford Motor Company (NYSE:F) manufactures and distributes automobiles worldwide. The company has around 62 plants across the world and offers vehicles primarily under the Ford and Lincoln brand names. Ford sells its products through distributors and dealers, as well as through dealerships to fleet customers. The company […]

Aequitas financial ills accelerate with second layoff in a week

The Lake Oswego investment firm embroiled in acontroversial student loan program will lay off most of its approximately 100 employees. A week afterAequitas Capital Management warned that significant financial issues were forcing it to terminate about a third of its workers, the company again gathered its stunned employees Friday and informed them virtually the entire […]

This Louisville startup wants to hit payday lenders where they live

David Serchuk Reporter Louisville Business First Email LOUISVILLE–Chris Blakely is a man on a mission. Hes dedicating his life and career to help people find an alternative to high-interest loans. Blakely is the founder and CEO of Credit Fair-E, a Louisville startup dedicated to providing small, comparatively affordable loans to what he calls the large […]