The number of consumers who refinanced their auto loan in the first quarter nearly doubled compared to the same period two years earlier, The Wall Street Journal (WSJ) reported Wednesday (June 24). During the first quarter, the number reached about 111,000, according to the report,...
Federal prosecutors are accusing four executives from defunct subprime auto lender Tricolor Holdings of defrauding investors. In an indictment unsealed Tuesday (Dec. 16), the U.S. Attorney’s Office alleged that Tricolor founder and CEO Daniel Chu and chief operating officer David Goodgame took in billions of...
Record levels of late car payments is putting pressure on subprime auto lenders. That’s according to a Friday (Nov. 14) report by Bloomberg News, which said this is happening in the wake of the recent collapses of Tricolor Holdings and PrimaLend Capital Partners. The number...
Amazon Autos has added Chase, Santander and Wells Fargo to the lenders offering financing options on its automotive storefront. With the addition of these lenders, dealers can offer Amazon customers financial services providers they already use in-store, and shoppers can gain more insights and options...
September 01, 2026
Watch more: Need to Know With Anita Chalkley of Synchrony and Chris Taylor of Discount Tire Service Centers A customer who walks out of a tire shop without completing a needed repair presents a problem that neither a credit score nor a sales report might be able to fully explain. The customer may have been […]
February 06, 2024
The pressures of increased debt burdens are put in stark relief with the latest data from the central bank. And the burden is felt keenly among younger consumers, and lower-income...
January 04, 2024
Mobile wallets have gained immense popularity among consumers, not only for making in-store purchases but also for their ability to manage finances and store sensitive personal information. According to a...
December 29, 2023
Credit unions (CUs) have long been a reliable source for credit products such as credit cards, mortgages, auto loans and personal loans. However, with the rise of non-bank and non-CU...
June 28, 2026
The number of consumers who refinanced their auto loan in the first quarter nearly doubled compared to the same period two years earlier, The Wall Street Journal (WSJ) reported Wednesday (June 24). During the first quarter, the number reached about 111,000, according to the report, which cited data from Experian. The surge in refinancing has […]
December 17, 2025
Federal prosecutors are accusing four executives from defunct subprime auto lender Tricolor Holdings of defrauding investors. In an indictment unsealed Tuesday (Dec. 16), the U.S. Attorney’s Office alleged that Tricolor...
November 16, 2025
Record levels of late car payments is putting pressure on subprime auto lenders. That’s according to a Friday (Nov. 14) report by Bloomberg News, which said this is happening in...
October 07, 2025
Amazon Autos has added Chase, Santander and Wells Fargo to the lenders offering financing options on its automotive storefront. With the addition of these lenders, dealers can offer Amazon customers...