Auto Lending

US car sector hit after analysts lower sales outlook

Jun 10, 2017 |

To accommodate the boom, auto lending has expanded significantly, funded in part by a swelling market for subprime auto-bonds backed by the loans.

US consumer credit growth undershoots expectations in April, but remains fairly stable

Jun 8, 2017 |

This convergence makes sense as student and auto lending cool, while revolving credit plays catch up after an unusually slow recovery, noted Wells Fargo in a research report.

Health savings accounts can supercharge retirement funds, but not for this guy

May 23, 2017 |

If you want to see a broader range of your FICO scores, you can buy a three-bureau report from MyFico.com for about $60 that includes FICO 8s, FICO 9s and the most commonly used scores in mortgage, credit card and auto lending from each bureau.

Millennials Love Snapchat, but Skip the Ads

May 2, 2017 |

Credit unions can use social media to boost auto lending; meanwhile, Snapchat may just be a passing fad. Jordan Cohen, chief marketing officer for Fluent, also found it troubling that Snapchat apparently does not operate its own big data system that …

What do I have and where is it going?

Apr 25, 2017 |

The noise in the auto lending arena has risen to the level of driving down the road at 70 miles per hour with all the windows down.

Is Ford Crashing?

Apr 9, 2017 |

Analysts have been calling a "subprime auto lending bubble" since the beginning of the year. But the problem is becoming too big to ignore.

KeyBank upbeat about First Niagara conversion six months later

Apr 1, 2017 |

Key's deal for First Niagara allowed Key to add three notable lines of business: indirect auto lending, residential mortgages and insurance, each of which has operations in Buffalo.

Insider Trading Activity Capital One Financial Corp. (NYSE:COF) – Insider Sold 5238 shares of Stock

Mar 22, 2017 |

… national deposit gathering, national auto lending and consumer home loan lending and servicing activities; Commercial Banking, which consists of its lending, deposit gathering and treasury management services to commercial real estate, and …

Should You Buy General Motors Company (GM) Stock? 3 Pros, 3 Cons

Mar 8, 2017 |

Financing Troubles Loom: The Wall Street Journal recently documented the fading state of the auto lending industry. The WSJ reported that, In the first three quarters of 2016, the number of these new-car purchases with negative equity on previous …

Debt Delinquency Trends: As Good as it Gets?

Mar 4, 2017 |

Auto lending fell during the recession but began to rise by 2010 and surpassed $1 trillion for the first time in 2015. Households had $1.2 trillion in outstanding auto loans at the end of 2016.