Deficient risk-management procedures create new risk threats.  That premise, backed by evidence from examinations conducted by the New York Department…

Sentiment among US consumers increased in October to a six-month high as households grew more upbeat about buying conditions, partly…

Inventory levels across the industry were mixed for new and used vehicles in the second quarter, evidenced by VIN-level data…

Carvana earnings exceeded expectations in the first quarter as originations increased 29.3% year over year and retail sales strengthened.   Originations…

Navy Federal Credit Union is advising potential car buyers to carefully review insurance options as rising prices for coverage and…

Labor data Wednesday added further evidence that the labor market is slowing down. . US companies hired workers at a…

Buy here, pay here car dealer America’s Car-Mart is seeing improved credit performance as loans are increasingly originated under its…

Vervent Inc. is preparing to take over servicing of Tricolor Auto Acceptance’s portfolio following the subprime lender’s Chapter 7 bankruptcy…

The share of US consumer debt in serious delinquency rose in the second quarter to the highest level since early…

Lenders might soon have another tool in their arsenals to measure the creditworthiness of unbanked consumers: grocery transaction data.  The…

EV manufacturers Rivian Automotive and Lucid Motors are expanding the scope of their finance arms as deliveries increased in the…

Used-vehicle values were flat sequentially in January but fell year over year as retail sales lagged last year’s levels and…

State regulators could be targeting junk fees, collections calls and consumer data collection as they ramp up enforcement amid changes…

Following multiple cyberattacks, CDK Global expects its dealer operations platform to be fully functional this week, which would limit potential…

Startup Yendo has raised $50 million in its first equity funding series of the year and is eyeing product and…