Chase Auto and Wells Fargo kicked off the Q3 earnings season last week, with both lenders reporting flat or lower origination ...

Auto outstandings rose 0.7% sequentially and 2% year over year in the second quarter as auto portfolios grew, though more ...

Barclays Plc is taking over the General Motors Co. credit-card business from Goldman Sachs Group Inc., pouncing on the Wall ...

The combination of high interest rates and elevated inventory levels has applied pressure to the back end of the powersports ...

Wells Fargo and Volkswagen Financial Services entered a multiyear, co-branded agreement in the third quarter. “In the first ...

Originations dipped to $10 billion in Q3, 2% YoY and down 7.7% from Q2, while “maintaining strong margins and high-quality credit,” Chief Financial Officer Jeremy Barnum said on Chase’s earnings call ...

Bank of America has “prepared for the worst” by proactively balancing capital needs while achieving positive returns ahead of ...

LAS VEGAS — Powersports lender Octane Lending announced this week that the company has entered the marine market.

LAS VEGAS — Interest rates will need to fall further to make powersports financing more attractive. In its first rate cut in ...

Ford Credit’s Flex Buy program volume is on track to grow 25% year over year. The program allows consumers to make lower ...

Capital One’s loan applications containing synthetic identity fraud have increased about 400% over the past four years.

LAS VEGAS — Tricolor Auto Acceptance has seen a 20% decline in losses since updating its risk model this year. “We upgrade ...