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Ford Credit looks to form own bank

Ford Credit applied July 22 for an industrial loan charter with the Federal Deposit Insurance Corporation

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Origence leans into AI, automation with 2 integrations

AURORA, Colo. — Lending technology provider Origence is doubling down on its artificial intelligence (AI) and

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EV consumer credit profiles mirror luxury ICE borrowers

Consumers financing electric vehicles (EV) display similar credit qualities as borrowers financing luxury internal combustion engine

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Fed raises rates by 75 basis points to clamp down on inflation

Federal Reserve officials raised interest rates by 75 basis points for the second straight month, delivering

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CPS logs record monthly origination volume 

Consumer Portfolio Services nearly doubled its portfolio year over year in the second quarter on the

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Credit union market share surges 21% YoY

AURORA, Colo. — Credit unions (CUs) nabbed more market share during the first five months of

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Hyundai Capital hit with $19M CFPB settlement

Hyundai Capital America (HCA) has entered into a $19 million settlement with the Consumer Financial Protection

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Under the Hood: Loan availability complaints tick up 57% YoY 

Getting a loan or lease has been a source of contention for consumers lately, as evidenced

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Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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