A record number of Americans are falling behind on car loans—and more than one factor is causing the trend.
We anticipate that the Consumer Financial Protection Bureau (CFPB) will continue to closely monitor the advertising practices of auto lenders ...
Carvana is preparing its first securitization this year backed by a pool of prime retail auto loans, selling $602.7 million ...
A pool of auto loans extended to subprime borrowers will secure $239.7 million in securitized bonds, in a deal sponsored by ...
Q4 2024 Results Conference Call March 13, 2025 5:00 PM ETCompany ParticipantsJohn Nesbett - IR, IMS IRRoss Dove ...
Ally is in a solid financial position with a common equity Tier 1 capital ratio of 9.8% and an allowance for future credit losses of 2.73% of total loans at the end of December 2024. This strength is ...
U.S. auto buyers are falling behind on their car payments at record rates, with almost 7 percent now 60 days behind and 3 ...
Deutsche Bank AG warned that a challenging economic environment in Europe, the transition to electric vehicles and ...
In February 2025, the Dealertrack Credit Availability Index revealed an overall improvement in auto credit access, with gains ...
Americans are struggling to keep up with their car payments at unprecedented levels, as the latest data from Fitch Ratings reveals that 6.56 percent of subprime auto borrowers were at least 60 days ...
SAN DIEGO, March 11, 2025 (GLOBE NEWSWIRE) -- Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced that Bayway Auto Group, one of Houston's premier ...
Point Predictive, the leader in artificial intelligence solutions for consumer lending, today announced that Bayway Auto Group, one of Houston's premier automotive dealer groups, has implemented ...