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Large banks have scaled back lending as competition has intensified and credit unions and financing arms of car manufacturers are picking up the slack.
June 7 -
The payments giant has made a lot of money issuing loans to online shoppers with blemished credit histories. But now it is looking to reduce its risks.
March 31 -
The Arkansas company has bought 12 banks in Florida since 2010, and its CEO said he had coveted Stonegate for years before agreeing to buy it this week. Yet there is nagging talk about a new bubble in the Sunshine State.
March 28 -
In a further illustration of weakness in the auto sector, Ally Financial said Tuesday that its 2017 profits will likely be dinged by rising delinquencies on subprime auto loans, as well as by falling used-car prices.
March 21