FICO said the introduction of this scoring represents a significant shift, as lenders catch up with consumers’ growing ...

Nissan Motor Acceptance Corp. has applied for an industrial loan company charter, joining General Motors and Ford in hoping ...

The Fed’s decision to hold rates steady still has far-reaching implications for almost all forms of borrowing as well as the returns on most savings accounts.

Bank of America: 5.59%: Best Bank Auto Loan Rates: Consumers Credit Union: 5.99%: Best Used Car Loan Rates: Learn More About The Best Auto Loan Rates And Companies.

If taxpayers actually end up seeing a new tax break on the interest borrowers pay on car loans, at least some can claim it all started in the Motor City.. President Donald Trump, while running for ...

Bank of America also points out that in the Federal Reserve's annual stress-testing exercise, the bank is expected to see losses equivalent to 5.5% of total loans, whereas loan losses were as high ...

Bank of America reaffirmed its confidence in Li Auto (LI, Financials) despite a decline in the stock following the company's latest earnings report.The firm maintained a Buy rating, citing long ...

In January 2025, the Federal Reserve Bank of New York reported 6.56% of subprime auto borrowers—those with credit scores below 640—were at least 60 days past due on their loans.

Bank of America waives fees, defers payments on credit cards, some mortgages and auto loans during coronavirus Citi, Chase, Capital One, Discover, Apple and American Express have made similar ...

Bank of America profits boosted by loan growth and robust trading on whatsapp (opens in a new window) Save Stephen Gandel in New York. Published January 16 2025. Updated January 16 2025.

US consumers and businesses are having trouble paying off credit, auto, and commercial-real-estate debt. Banks have increased their reserves in part to prepare for loan losses. Bank CEOs said on ...

The Federal Reserve cut interest rates for the first time in four years on Wednesday, which will directly impact auto loan rates — but don't expect a big change anytime soon.