Tag: Santander Consumer USA

Santander Consumer USA has increased its allowance for credit losses by $2.5 billion due to Day 1 CECL impacts and ...

The auto finance sector has been pressured from all sides since COVID-19 took root in the U.S. With vehicle production ...

The coronavirus pandemic could put strain on Santander Consumer USA’s financing alliance with Fiat Chrysler Automobiles, according to filings with ...

The auto industry might not see its first securitization backed by the Federal Reserve’s term asset-backed loan facility (TALF) until ...

Santander Consumer USA’s total funding and liquidity is likely to sustain the subprime lender through the COVID-19 economic crisis. SCUSA ...

Santander Consumer USA has expanded its online financing via a freshly inked multiyear agreement with Vroom, the companies announced today.   The partnership ...

Editor's note: This article first appeared in the April edition of the magazine, available now. After a decade of exponential ...

Wells Fargo Co. is the latest big bank to suspend repossessions, joining Bank of America and Chase Auto, as cases ...