Straw borrowing fraud costs auto lenders $600M annually
Scammers are recruiting people with good credit to sign car loans, then exporting or renting those vehicles without paying lenders. ...
Scammers are recruiting people with good credit to sign car loans, then exporting or renting those vehicles without paying lenders. ...
Banks financed more nonprime auto loans in the second quarter as more subprime borrowers enter the market and some lenders ...
National and regional bank second-quarter earnings point to mixed performance as larger banks lean into auto production while regional banks ...
It is becoming increasingly difficult for first-time car buyers to secure financing amid higher interest rates, elevated sticker prices and ...
Consumer budget concerns are driving year-over-year surges in auto refinance applications, Strati Papageorge, senior vice president of product at PNC ...
With rising vehicle prices and a shift toward longer loan terms, more customers are saddled with higher negative equity. As ...
Auto Finance News is pleased to announce that Strati Papageorge, senior vice president of product at PNC Financial, will join ...
PNC Financial decreased its allowance for auto loan losses in the fourth quarter as the lender’s auto portfolio grew in 2025 amid strength in the U.S. auto ...