Cars Aren’t Houses
General Motors Financial Co. disclosed in Securities and Exchange Commission filings early this month that it is in receipt of ...
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Do Recent Subpoenas Spell Caution for Subprime?
News that both General Motors Financial Co. and Santander Consumer USA had been subpoenaed by the U.S. Department of Justice ...
Ford Posts Record Low Repo Rate In 2Q
Ford Motor Credit Co. recorded its lowest ever repossession rate — 0.98% — in the second quarter, on the heels ...
Auto Loans Up, But No Balloon to Pop, Says Fed
Auto loan balances increased by $30 billion to $905 billion as of June 30, according to the new quarterly report ...
Auto Sales Climb In July
Year-over-year new-car sales grew 9% in July to 1.4 million units, with Subaru showing a 27% increase, and Chrysler not far ...
Santander Consumer USA Receives DOJ Subpoena
Santander Consumer USA said today in an SEC filing that it recently received a civil subpoena from the U.S. Department ...
GMF Ups YoY Consumer Originations $1.1 Billion
General Motors Financial Company, Inc. said its second quarter 2014 consumer loan originations were $3.6 billion for the second quarter ...
Santander Picks Up Most CFPB Complaints So Far in 2014
The Consumer Financial Protection Bureau is growing in popularity as a tool for consumers to air problems with their auto ...
