Credit Rating


BLOG: Credit data changes spur loan growth

12:45 pm U.S. ET | Dec. 2, 2015

The rising number of auto loans could in part be a result of changing credit scoring methodologies and the use of alternative data....
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VW agrees to terms for 20 billion euro bridge loan, report says

Dec. 2, 2015 11:37 CET

VW Group has agreed with banks on the terms of a planned 20 billion euro ($21.2 billion) bridge loan to help it meet the costs of its emissions scandals, Reuters reported....
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VW credit rating cut by S&P; further cuts are possible

4:01 pm U.S. ET | Oct. 12, 2015

VW's credit rating was cut one level today by Standard & Poor’s, which said the German carmaker’s cheating on U.S. diesel-emissions tests indicates management weaknesses that may lead to a further debt downgrade....
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GM credit raised to investment grade by Fitch

2:59 pm U.S. ET | June 18, 2015

General Motors said today that Fitch Ratings had raised the credit ratings of both GM and GM Financial to investment grade....
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New car, truck loans reach longest term on record

12:31 pm U.S. ET | June 1, 2015

The average length of loans for new and used vehicles in the U.S. in the first quarter hit record highs, and nearly 30 percent of new-vehicle loans have pay-back periods longer than six years, Experian Automotive says....
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GM capital plan may delay credit rating upgrade

4:11 pm U.S. ET | March 11, 2015

General Motors' decision this week to give back up to $10 billion to shareholders over the next two years will likely delay one of its important goals: achieving a top-tier credit rating that would benefit its growing auto finance unit....
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