Bank of Ireland shares rose on Monday even after it hiked the estimate for the cost of compensating UK customers who were missold car loans to £350m (€403m). The bank had already set aside £143m ...
Buying a car is a significant financial commitment, and how you choose to finance it can dramatically impact your long-term ...
This spike was inevitable. Federal student-loan borrowers had their payments (and interest) paused for almost four years, meaning millions were out of the habit of making payments. They then resumed ...
Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has ...
Millions could be entitled to compensation as a result of commission arrangements between lenders and dealers.
The Company will post an additional $120 million to DOE Loan reserve accounts, to be funded within 12 months of the DOE advancing First Draw. GM will provide additional support to the Project by ...
IRS is developing a new Schedule 1-A to use to claim new deductions for tip income, overtime pay, car loan interest and new tax break for those 65 an older. IRS and Treasury give new guidance on what ...
The U.K. government has confirmed it will guarantee a commercial bank loan of £1.5 billion ($2 billion) for car-making giant Jaguar Land Rover after a hack forced the company to shut down its ...
Hannah Alberstadt is a Buy Side staff editor specializing in loans. She is passionate about crafting informative and accessible content and has experience with topics such as loans, investing, ...
Vervent, the freshly-minted servicer of Tricolor’s beleaguered asset-backed financing platform, is due to gain access to the sub-prime auto lender’s Texas headquarters on Monday as it continues to ...
Earlier this month, a company called Tricolor abruptly filed for bankruptcy. The Texas-based firm specialized in extending auto loans to buyers with poor credit ratings — or none at all — many of whom ...