America’s Car-Mart Inc., a used car seller and subprime lender, is working on an eleventh hour capital raise to stave ...

Subprime borrowers are struggling to meet subprime auto lenders’ existing credit standards as vehicle prices rise and consumers struggle to ...

Capital One in June named Sean McClure its managing vice president and chief counsel for the financial services division.   McClure joined Capital One ...

Lenders are increasingly packaging auto loans with terms of 72 months or longer into asset-backed securities deals as more consumers opt to spread out vehicle costs to lower monthly payments.  Longer-term loans ...

FIS and cloud-native lending technology provider Fuse have formed a strategic alliance to offer a modern loan and lease origination ...

Nissan Motor Acceptance Co. will provide refunds to New Yorkers who were overcharged when buying out leased vehicles from Nissan dealerships, according to a settlement announced ...

Subprime borrowing demand is rising as consumers can no longer afford maintenance costs on their existing vehicles, GM Financial President ...

U.S. economic growth likely will cool in 2026 as consumer spending weakens and global oil prices influence activity and demand, according to Fitch Ratings.  Compressed spending, in turn, could influence auto ...