Ally Financial recently reported third quarter results that were well received by the market, with management emphasizing record auto finance application volumes, improved credit performance, and ...
More than $5.5 million in auto loan applications has been linked to a new fraud wave, mostly in Southern California, with borrowers using synthetic identities by manipulating Social Security numbers, ...
Ally Financial Inc. saw fewer auto loan applications during the third quarter compared with a year earlier, but the dollar value of its new originations remained unchanged at $12.3 billion, the ...
In the competitive world of auto finance, auto lenders face a critical challenge: ensuring that approved loans successfully transition to funded bookings. Surprisingly, the second largest business ...
New data from the Federal Reserve Bank of New York found that auto loan approval rates are dropping for U.S. buyers. Of those who applied for auto loans in October 2025, 15.2% — or more than 1 in 10 — ...
CEO Michael G. Rhodes stated he is "encouraged and energized by the progress we've made as an organization over the first half of the year," highlighting "double-digit year-over-year growth" in ...
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