More than 4 million Americans applied for unemployment benefits last week, bringing the five-week total during the coronavirus pandemic to ...

Nicholas Financial has furloughed 40 employees — or 15% of its workforce —  in response to the COVID-19 crisis, according ...

Automakers are headed for a less-drastic U.S. sales collapse than feared, according to market researchers. Retail sales to consumers are ...

Regulatory uncertainty remains one of the most significant challenges to finance companies that want to develop creative and innovate products ...

Fifth Third Bank has set aside an additional $129 million in reserve for its indirect consumer loans, which consist predominantly ...

A “majority” of Truist Bank’s 330,000 consumer loan deferrals are current, including the bank’s subprime auto book, Chief Risk Officer ...

General Motors is shutting down its car-sharing service Maven just one month after suspending operations due to the impact of ...

Credit Acceptance Corp. has suspended its first-quarter earnings report due to the “adverse impact” the COVID-19 crisis has had on ...