auto loans

Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
Auto Asset-Backed Securities Surge; Could Create Trouble In 2018
January 02, 2018  |  Investments

Auto asset-backed securities (ABS) hit a post-financial crisis high this year in the U.S., which could set up some trouble in the new year if...

READ MORE >
Today In Data: Ridesharing, Employee Theft And American Spending
Today In Data: Ridesharing, Employee Theft And American Spending
November 28, 2017  |  Today In Data

It seems individuals will always find a way to get the most out of things, be it expecting innovative technology that will solve their problems...

READ MORE >
CFPB Set To Sue Santander Over Auto Protection Product
CFPB Set To Sue Santander Over Auto Protection Product
November 27, 2017  |  Security & Fraud

The Consumer Financial Protection Bureau (CFPB)  is gearing up to sue Spain-based Santander Bank, claiming the bank has overcharged its car loan customers. Citing sources familiar with...

READ MORE >
Wells CFO Not Losing Sleep Over Rising Consumer Debt
Wells CFO Not Losing Sleep Over Rising Consumer Debt
November 16, 2017  |  Debt

Wells Fargo Chief Financial Officer John Shrewsberry said at an industry conference on Wednesday (Nov. 15) that he isn’t concerned consumers are having a tough...

READ MORE >
Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
Wells’ Woes, Stripe’s Acquisition And North Korea’s New Hacking Groove
July 31, 2017  |  Data Dive

Most of the drama this week was in Washington. The healthcare debate turned into something that was one aria short of a full-blown opera, and...

READ MORE >
Capital One Beats Street on Higher Credit Card Balances, Interest Rates
Capital One Beats Street on Higher Credit Card Balances, Interest Rates
July 21, 2017  |  News

Boosted by increases in its credit card portfolio and interest rates,  Capital One Financial beat estimates for the second quarter. In terms of the headline...

READ MORE >
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
Consumers Making Less Than $40K Per Year Worried About Paying Off Debt
July 19, 2017  |  Consumer Finance

A new survey has found that a divide is emerging over how Americans feel about their ability to pay down debt, with the poorest Americans...

READ MORE >
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
Wells Fargo Reports Mixed Results, Auto Biz Slips as Card Use Up
July 14, 2017  |  Earnings

Wells Fargo, trying to bounce back from a scandal involving falsified accounts, and any number of hits to its reputation since late 2016, posted results...

READ MORE >
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
U.S. Consumer Borrowing Posts Biggest Increase In Six Months
July 11, 2017  |  Payments Innovation

The American people are feeling more confident about spending, if last month’s consumer borrowing numbers are any indicator. Borrowing patterns tend to correlate directly with...

READ MORE >