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Banks tighten auto credit standards, Fed reports

More banks tightened credit standards in the first quarter while consumer demand for auto loans held,

  • Aidan Bush
  • May 15, 2025

GM Financial, Husch Blackwell talk CFPB shift

NASHVILLE, Tenn. — As the Consumer Financial Protection Bureau withdraws dozens of rules, policy statements and

  • Amanda Harris
  • May 15, 2025

CFPB X account ‘doesn’t exist’ anymore

The Consumer Financial Protection Bureau’s X account is gone. “This account doesn’t exist,” reads social media

  • Vaidik Trivedi
  • May 15, 2025

US retail sales barely rise, suggesting some spending pullback

Growth in US retail sales decelerated notably in April, reflecting consumers pulled back spending on cars,

  • Bloomberg News
  • May 15, 2025

PenFed’s refinance applications up 75% 

NASHVILLE, Tenn. — PenFed Credit Union’s volume of auto refinance applications is growing as consumers look

  • Amanda Harris
  • May 14, 2025

NMAC president: 84-month loan terms ‘inevitable’

NASHVILLE, Tenn. — Captives expect loan terms to remain stretched for the foreseeable future as affordability

  • Aidan Bush
  • May 14, 2025

CPS taps ‘resilient’ customers as originations rise 30.3%

NASHVILLE, Tenn. — In the face of potential market downturns, subprime lenders are looking to identify

  • Aidan Bush
  • May 14, 2025

New Chase Auto CEO eyes expanding partnerships

NASHVILLE, Tenn. — Chase Auto Chief Executive Leslie Wims Morris identified three focus areas for the

  • Truth Headlam
  • May 14, 2025

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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