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Ally Financial posts positive recovery on NCOs, surging lease yields in Q2

Reserve releases and record used-vehicle values fueled a positive recovery rate on net charge-offs at Ally

  • Joey Pizzolato
  • July 20, 2021

Fair Credit Reporting Act: Policy check in – permissible purpose

It should come as no surprise that the Fair Credit Reporting Act (FCRA) includes the potential

  • Aaron Kouhoupt
  • July 20, 2021

AutoNation CEO calls industry overproduction the ‘old model’

U.S. automakers won’t go back to bloated output and bulging dealer lots, even after the global

  • Bloomberg News
  • July 20, 2021

Weekly Wrap: Q2 earnings season kicks off

Last week, second-quarter earnings season kicked off, with Bank of America, Chase Auto, PNC Financial, Truist

  • Joey Pizzolato
  • July 19, 2021

Synchrony Financial pivots to hybrid work-from-home model

Players in the finance industry are starting to again open office doors in a step toward

  • Amanda Harris
  • July 19, 2021

US Bank logs auto loan growth amid positive recovery rate on NCOs

U.S. Bank in the second quarter recorded a positive recovery rate on net charge-offs and growth

  • Joey Pizzolato
  • July 16, 2021

Inside J.D. Power’s acquisition of auto fintech Superior Integrated Services

J.D. Power has acquired fintech Superior Integrated Services and its flagship data product Darwin Automotive, an

  • Riley Wolfbauer
  • July 16, 2021

Truist to roll out new digital platform by yearend, grows auto book in Q2 

About 500,000 Truist clients will be using the bank’s new combined digital platform by month’s end

  • Amanda Harris
  • July 16, 2021

Credit Union Auto Lending Surges

David Thompson

  • 4 hours ago
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