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One of the loans, $300,000 given to a local Chevrolet dealer in 2008, is the subject of a court fight because the dealer went out of business within a year of getting the loan, having repaid nothing. Then- Bell City Manager Robert Rizzo gave city loans of nearly $400,000 to two businesses without public discussion, approval from the City Council or collateral to back the loans, according to ...

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Auto Loans: Delinquency Rate Falls in Second Quarter

Auto loans at least 60 days behind have fallen across the US, a report said on Monday.