The New York Attorney General and 12 other state attorneys general have sued lender OneMain Financial, saying OneMain misled ...

Warburg Pincus is in the early stages of weighing a sale of subprime auto lender Exeter Finance that could fetch $2.5 billion ...

Total auto asset-backed securitization issuance fell through mid-March as volume by loan type mostly declined.

The auto finance industry continues to navigate heightened economic uncertainty as the Iran war drives oil prices higher, adding pressure ...

Global Lending Services is eyeing continued originations growth, additional funding opportunities following its acquisition by Sixth Street ...

The Department of Justice reached a $500,000 settlement with CarMax regarding allegedly wrongful repossessions ...

The conflict in the Middle East could increase funding costs and contribute to widening spreads, prompting a shift in U.S.

Atop Wells Fargo & Co., Chief Executive Officer Charlie Scharf has achieved something that eluded the bank for at least 15 ...

More subprime consumers financed cars in the fourth quarter of 2025 than in Q4 2024 despite rising monthly payments and ...

Automotive company stocks are down amid continued affordability challenges, rising oil prices and electric vehicle restructuring.

Lenders are experiencing a surge in auto refinance volume across the credit spectrum as customers look to pay off their car loans ...

Overall auto credit availability improved in February, driven by increased subprime borrowing and more longer-term loans, despite a decline in loan approval rates. Auto lenders must balance making ...