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 ...
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 ...
The New York Fed reported in February that among all borrowers of auto loans, the share of borrowers who entered serious ...
Paying for a car loan is becoming increasingly difficult for many Americans. Missed payments have now reached a level not ...