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The New York Attorney General and 12 other state attorneys general have sued lender OneMain Financial, saying OneMain misled customers with hidden costs in auto loans. The suit, filed March 16, alleges OneMain added insurance policies and other aftermarket products to consumers’ auto loans without their knowledge or misled them about the products’ terms and […]
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Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
Auto lenders are looking to strengthen relationships to bolster dealer profitability amid uncertainty, margin compression and shifting consumer behavior. Auto financier Santander Bank’s dealer commercial services strategy focuses on...
David Thompson
David Thompson
David Thompson
