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Vroom completed its acquisition of United Auto Credit Corporation today, closing a $300 million deal to establish a captive finance...

Credit Acceptance Corp. pulled back its provisions for credit losses in Q4 on the heels of improved performance as origination...

Nicholas Financial continues to see an upward trajectory in origination volume as the lender expands its physical footprint and human...

Mahesh Aditya, president and chief executive of Santander Consumer USA, leads with a customer-first mentality while prioritizing the communities SCUSA...

Although supply chain issues — specifically the lack of semiconductor chips — continue to impact auto production in the U.S....

All reporting publicly traded banks posted decreases in allowance coverage rates in the fourth quarter as strong credit and used-vehicle...

Banks and credit unions further reclaimed financing market share in 2021 after losing ground to captives’ generous low-APR incentives in...

Banco Santander has completed its acquisition of Santander Consumer USA, closing a $2.5 billion deal in the making since September...