Tag: auto finance

When the global financial system crashed back in 2007, auto lenders described the situation as a confluence of one-off events ...

Ally Financial has doubled used-car retailer Carvana’s line of credit to $2 billion over the next year, the companies announced ...

New vehicle sales forecasts are quickly deteriorating as the coronavirus pandemic spreads across the nation. In fact, vehicle sales will ...

Auto lenders have been steadily beefing up digital initiatives throughout the years, and the coronavirus pandemic is set to put ...

The Federal Reserve announced today the revival of its term asset-backed securities loan facility (TALF) to provide increased access to ...

Loan performance in the auto asset-backed securities market hasn’t yet deteriorated due to COVID-19, Amy Martin, senior director of structured ...

Bank of America’s consumer relief program will cover auto loans, along with mortgage, home equity, credit cards and small business ...

Ford Motor Credit’s liquidity will not be impacted by its OEM’s decision this week to increase its cash flow position ...