auto lending

Wells Fargo Taps Mary Mack To Fix Consumer Lending Business

Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
Wells Fargo Taps Mary Mack To Fix Consumer Lending Business
December 20, 2017  |  Personnel

Wells Fargo has announced that Mary Mack will lead its consumer lending unit. Get the Full Story Complete the form to unlock this article and...

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The CFPB Criticizes Increase In Long-Term Auto Loans
The CFPB Criticizes Increase In Long-Term Auto Loans
November 02, 2017  |  CFPB

According to the latest report by the Consumer Financial Protection Bureau (CFPB), long-term auto loans are on the rise. The CFPB’s data finds that 42...

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Ford To Use Machine Learning To Assess Credit Risk
Ford To Use Machine Learning To Assess Credit Risk
August 28, 2017  |  Loans

ƒFord Motor Credit Co. the financing arm of the vehicle manufacturer, announced Friday (Aug. 25) that it will implement machine learning credit approval models to...

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Wells Fargo Exec Claims Company Had Planned To Reveal Auto Insurance Problems
Wells Fargo Exec Claims Company Had Planned To Reveal Auto Insurance Problems
July 28, 2017  |  Banking

Wells Fargo revealed that it had planned to disclose problems uncovered with its auto insurance policies, but it was waiting until it was ready to...

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Wells Fargo To Overhaul Auto Lending Unit
Wells Fargo To Overhaul Auto Lending Unit
July 28, 2017  |  Loans

Wells Fargo & Co., the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. Get the Full Story Complete...

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Car Buyers ‘Underwater’ On Trade-Ins
Car Buyers ‘Underwater’ On Trade-Ins
November 28, 2016  |  Alternative Finances

A record number of consumers looking to trade in vehicles are finding that their cars are worth less than they owe on their loans. Get...

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Uber Driver Data Opens Lending Access In Kenya
Uber Driver Data Opens Lending Access In Kenya
July 01, 2016  |  International

A lack of customer data is a huge barrier that prevents many small businesses and individuals in Africa from access to loans. Get the Full...

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Did The CFPB Strong-Arm Ally Bank Into A Settlement To Push Anti-Discrimination Regs?
Did The CFPB Strong-Arm Ally Bank Into A Settlement To Push Anti-Discrimination Regs?
November 25, 2015  |  Alternative Finances

So, what does a federal watchdog — say the CFPB — do when it wants to crack down on discrimination in lending but knows that the...

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CFPB’s Latest ($18M) Casualty
CFPB’s Latest ($18M) Casualty
September 29, 2015  |  News

After suffering a sharp downturn in the recession and following credit-crunch, auto lending in the U.S. has been on the rise for five years, and...

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