The automotive industry is showing signs of stabilization for nonprime and near prime consumers following recent rate cuts by ...
Consumer demand for auto loans fell in the third quarter as credit standards were largely unchanged. Demand weakened on a ...
RV dealer group Lazydays’ finance and insurance revenue inched down year over year in the third quarter but increased ...
Sanjiv Yajnik, president of financial services at Capital One, is exploring ways to blend digital tools with the in-person ...
EV financing startup Tenet is streamlining its refinancing program to speed approvals in anticipation of rising demand.
Ally Financial today announced the appointment of a 27-year veteran of the bank as the company’s chief risk officer as part ...
Higher new-vehicle inventory has led manufacturers to ramp up incentive spending to swiftly move supply. New-vehicle ...
The average rejection rate for auto loans through October increased year over year to the highest reading since 2013.
Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery ...
Auto lenders maintained steady operations through strong leadership and a commitment to innovation despite the tight lending environment, elevated interest rates and a higher cost of car ownership ...
The Consumer Financial Protection Bureau has expressed concern regarding potential gaps in new state consumer data privacy ...
A sequential dip in auto loan rejection rates and an increase in auto asset-backed securitization issuance contributed to an improvement in the auto finance industry’s overall performance during the ...