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According to data from the NCUA, the industry had double-digit increases in several key metrics even as the number of institutions continued to decline.
December 6 -
The Chicago bank's new partnership with AutoGravity mirrors others struck this year by JPMorgan Chase and U.S. Bank with providers of mobile apps that bundle the car-buying and lending processes.
December 5 -
A new finance and insurance program from Dealertrack aims to make auto lending faster for consumers, lenders and dealers.
November 27 -
The agency alleges the subprime auto lender violated consumer finance laws by misrepresenting the level of guaranteed insurance protection.
November 20 -
Adults ages 18 to 29 may have a hard time getting a mortgage, but they are not shying away from other forms of consumer debt, according to a report by the New York Fed.
November 16 -
The five institutions join AFG's balloon lending program, bringing 2.7 million consumers and $1.5 billion in assets into the fold.
November 9 -
The Poughkeepsie, N.Y.-based credit union agreed to pay $95,000 to settle claims that it incorrectly repossessed vehicles of service members.
November 6 -
The Dallas subprime auto lender seems to be reaching the bottom of its lingering supply of accounting issues, yet its origination of more loans through Fiat Chrysler underlined questions about the future of its relationship with the big automaker.
October 31 -
Credit unions have benefited from record car sales in recent years. But changing customer behavior and a new form of fraud could prove difficult headwinds to overcome in this area.
October 31 -
Taxi medallion loans are going nowhere fast, but loans to drivers for ride-hailing services like Uber could help replace some of those losses on credit union lending portfolios.
October 29Oak Tree Business Systems, Inc.