Carvana has revived a deal to sell $4 billion in used-car loan receivables to Ally Financial. Get the Full Story Complete the form to unlock...
The U.K.’s financial watchdog is giving auto financing companies more time to deal with customer complaints. Get the Full Story Complete the form to unlock...
Ally Financial CEO Michael Rhodes says the company’s next few quarters will be “choppy.” Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Americans’ struggles with their bills has reportedly been bad news for consumer lending firms. Get the Full Story Complete the form to unlock this article...
A U.K. banking executive says the country needs to resolve its unfair auto-lending practice investigation. Get the Full Story Complete the form to unlock this...
Ally Financial reported Wednesday (July 17) that its net charge-offs (NCOs) in the second quarter rose in comparison to the same quarter a year earlier,...
The companies collecting Americans’ student loans, auto loans and medical payments have some work to do. Get the Full Story Complete the form to unlock...
Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. Get the Full Story Complete the form to unlock...
Banks are seeing a slide in demand for loans — at the same time that they’re tightening lending standards. Get the Full Story Complete the...