Credit ratings agency Moody’s Investors Service said steady value declines in the used-vehicle market could postpone recovery for some captive lenders.

The court in a 5-4 ruling said the current structure of the federal watchdog is "unconstitutional" without oversight from the executive branch. Previously, the CFPB director could only be removed by the president for "inefficiency, neglect of duty, or malfeasance in office."

EFG Cos.' Motorist Assistance Plan vehicle service contract can be customized in 2,500-mile increments, allowing finance-and-insurance managers to pitch the contract much closer to a customer's driving habits.

A former employee alleges in a civil case that Bob Brockman, head of the largest private dealership management system company in the U.S., is under criminal investigation on suspicion of tax evasion and money laundering.

Reining in inappropriate employee social media use has been a concern this month at large public retailers and small local groups alike.

The estate contends Ford's captive finance arm could not have acted in good faith, as the bank "unquestionably knew or should have known" about Reagor Dykes' fraud schemes.

Aggressive automaker incentives bring an end to the credit environment benefiting credit unions and banks, Experian says.

Experian is the second credit bureau to report lower auto delinquencies in the first quarter, which likely were aided by government and lender assistance granted in the weeks following pandemic-related closures.

Software companies are developing new tools to combat auto fraud by enhancing identity verification techniques.

J.D. Power data indicates finance and insurance profits on new-vehicle sales fell dramatically in April, yet some F&I product companies report record sales in recent months.