December sees uptick in consumer lending
Source: Informa Research Services
(12/09/2011) According to the industry experts at Informa Research Services, consumer lending has seen an uptick recently. Â For those consumers in the market, looking online may be the best way to start your search for your next auto loan or credit card.
Websites such as ERATE.com offer consumers free use of rate comparison tables without collecting any personal information.  Searching these tables can save you a bundle this season as ERATE.com features rates from some of the nation’s lowest lenders.
By refinancing a current auto loan with one that carries a much lower interest rate, consumers can save a significant amount of money per month. Â Not only does this allow you to enjoy instant savings, but over the term of the loan, you could easily save hundreds, maybe even thousands of dollars!
Furthermore, the rate tables on ERATE.com allow you to sort your results by loan or card characteristics.  For instance, let’s say you want to search for a new auto loan.  Instead of scrolling and manually searching through the results, simply click on the header of the column to determine how your results are sorted.
Additionally, because these results are updated more than once a day, you can rest assured that the results are more accurate than other sites that only update daily.