Memphis, Tenn., became the fastest-growing area for synthetic identity fraud in 2023, as fraudsters advertised it on social ...

US household debt has reached a record and more borrowers are struggling to keep up. Overall US household debt rose to $17.7 ...

Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players and consumers in the first quarter of 2024. The industry is nav ...

Though base salaries and stock awards increased, smaller bonuses drove a 5% decline in auto finance executives’ compensation in 2023, according to an Auto Finance News analysis of SEC filings.

Whether increasing deal efficiency or automating credit decisions and assessing risk, AI and machine learning are core to how auto lenders innovate today and plan for the future. Advances in ...

President Joe Biden will quadruple tariffs on Chinese electric vehicles and sharply increase levies for other key industries this week, unveiling the measures at a White House event framed as a ...

Affordability and inflation headwinds that affected origination volumes at the end of 2023 continued to pose challenges for auto players ...

Social impact, lack of dealer support and struggling business models are hindering mass EV adoption while EV manufacturers ...

AI-based auto lender Lendbuzz’s default rate doubles when the lender expands into a new region, prompting updates to the financier’s credit model. Boston-based Lendbuzz expanded into new markets ...

The Federal Reserve signaled fresh concerns about inflation while indicating it was likely to keep borrowing costs elevated for longer rather than raising them again. Officials unanimously decided ...

President Joe Biden’s administration is poised to unveil a sweeping decision on China tariffs as soon as next week, one that’s expected to target key strategic sectors with new levies while rejecting ...