Public Radio Takes Inside Look at Long Island Dealership
If you’re a lender, you may not know just what goes into selling the cars you finance. In this week’s...
Equity Firm Prospect Capital to Buy Nicholas Financial for $326 Million
Months after Nicholas Financial first revealed it had a suitor, N.Y.-based Prospect Capital Corp. came forward today saying it will...
Mercedes-Benz Picks Fulton to Head Captive
Mercedes-Benz USA named Brian Fulton vice president in charge of captive unit Mercedes-Benz Financial Services USA, effective Jan. 1, 2014....
Announcing the Auto Finance Compliance Summit & 2014 Auto Finance Risk Summit
We are excited to announce the NEW Auto Finance Compliance Summit, which will be held in conjunction with the 7th Annual Auto Finance...
CFPB Action Against Lender CashCall Unrelated to Auto Business
Earlier today, the Consumer Financial Protection Bureau announced a lawsuit against CashCall for allegedly "unfair, deceptive, and abusive" lending tactics....
Fitch Upgrades Ally to Stable
Fitch Ratings has upgraded Ally Financial's long-term default rating and its senior unsecured debt rating to BB, an indication that...
Kroll: Auto Loan Debt Returns to 2007 Levels
U.S. auto loan debt grew $31 billion last quarter, accounting for nearly 25% of the overall consumer debt increase in...
Ally to Finance Vehicles for Mobility Vehicle Company BraunAbility
Ally Financial has added another manufacturer of wheelchair-accessible vehicles to its stable of relationships, inking a deal today with BraunAbility....
