Ford and GM have received FDIC approval to create their own banks in Utah, a move that will reshape auto financing for millions of car buyers.

Car loans for Ford and GM models may be easier to get from new banks that the automakers are now cleared to establish.

Auto refinance rates start below 4% for qualified borrowers ...

Car buyers in the United States are facing one of the most expensive markets in recent memory, and the data is starting to show just how steep the climb has become. More than 80 percent of new car ...

Americans are shelling out record car payments — and now some are signing up for loans stretching nearly a decade to get a new set of wheels. The average monthly payment for a new car hit about $760 ...

The rise in late auto loan payments is a symptom of an increasingly unaffordable vehicle market, experts say. Households with the lowest incomes are suffering the most. Auto loan debt is not yet at a ...

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 — ...

Last month, 6.65% of subprime borrowers were at least 60 days late on their car payments. That’s the highest delinquency rate since the 1990s, according to Fitch Ratings. More people in this economy ...

Being upside down on your auto loan - when you owe more on your car than it's worth - is something Car Pro Show host Jerry Reynolds warns listeners about frequently. He also addresses the topic here.

Pagaya Technologies (PGY) entered a new forward flow agreement with Castlelake LP, a global alternative investment firm specializing in asset-based private credit, for the purchase of up to $500M of ...

WASHINGTON, Nov 3 (Reuters) - Lending platform Pagaya Technologies (PGY.O), opens new tab on Monday announced an agreement to sell up to $500 million of its auto loans to asset-based private credit ...

WASHINGTON (Reuters) -Lending platform Pagaya Technologies on Monday announced an agreement to sell up to $500 million of its auto loans to asset-based private credit manager Castlelake. In a ...