Citizens to Park Auto Loan Business
Rhode Island-based regional lender Citizens Bank is getting out of the auto loan business next month.
Bank of America Adds EV Charging Units to Auto Loans
Bank of America has expanded its auto loan product to include financing for the units that consumers use to charge electric vehicles at home.
Cromwell Man Sentenced for Auto Loan Fraud
A Cromwell man will serve more than two years in prison for an auto loan fraud scheme he operated while on supervised release following a previous conviction for mortgage fraud.
Nutmeg State Financial CU $10K Auto Loans Aimed at Underserved Communities
Nutmeg State Financial Credit Union has introduced a new loan program designed specifically for low-income families.
CFPB To Sue Santander Bank Over Auto Loans
The Consumer Financial Protection Bureau is preparing to sue Santander Bank, alleging that the Spanish bank overcharged borrowers on auto loans, two sources familiar with the plans said on Friday.
Wells Fargo Trims Auto Loans As Market Cools, Risk Overhaul Kicks In
Wells Fargo & Co. is scaling back and remolding its auto lending business in response to growing stress in the market, as well as a bank-wide push for more centralized risk controls.
Auto Loans Drive Up Delinquencies In Q4
Delinquencies ticked up across most loan categories in the fourth quarter last year with some of the greatest increases in auto loan categories, the American Bankers Association said this week.
