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MIAMI – (February 26, 2008) – With the economy slowing, people are increasingly late on their credit payments, including auto loans. Now that consumers have to pay down debt without tapping extra lines of credit, many are finding it difficult to stay current on vehicle payments.

LeaseTrader.com helps by finding someone else to assume your Car Lease - a great option for drivers who no longer can afford their leased vehicle. Rather than pay the exorbitant early termin...

he following article was also posted online at www.leasetrader.com.

If you're torn between the benefits of buying a car versus leasing, columnist Mark Solheim debunks some top leasing myths in the February issue of Kiplinger's magazine.

Here are three:

• Myth 1: Buying is cheaper than leasing.

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Federal Reserve Chairman Ben Bernanke is all in favor of another round of stimulus checks for Americans. The Fed chief testified before Congress and said lawmakers should consider the boost. Bernanke believes the economy could use the additional boost.

The American economy is currently leading the world into a global recession. And although billions worth of banking bailouts have recently been put into action, consumer spending is a critical element to keeping the economy chug...

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The following blog entry was also posted online at www.leasetrader.com.

Oh, the new car. It seemed so perfect at the time. The shiny chrome, supple leather, high-tech extras that do everything but make coffee. And all for a low-ish monthly payment thanks to leasing.

Then came the security deposit, the mileage restrictions, the wear and tear penalties. Not such a great deal anymore, but you're stuck. And you don't even want to know about the early termination fees if y...

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