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...
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...
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...
Wells Fargo & Co., the embattled bank, is reportedly overhauling its auto lending unit in an effort to control risk. According to a news report in...
A record number of consumers looking to trade in vehicles are finding that their cars are worth less than they owe on their loans. USA...
A lack of customer data is a huge barrier that prevents many small businesses and individuals in Africa from access to loans. But Uber is...
So, what does a federal watchdog — say the CFPB — do when it wants to crack down on discrimination in lending but knows that the...
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...
With the Great Recession officially a memory for most consumers, Americans are both buying and financing cars. A lot , as it turns out, as...