Search

New York: Fitch Ratings has issued the following commentary: Fitch Ratings has assigned Pony S.A. Compartment German Auto Loans 2024-1 (Pony 2024) final ratings, as detailed below. RATING ACTIONS TRANSACTION [...]

SAN ANTONIO, July 25, 2024 /PRNewswire/ -- https://c212.net/c/link/?t=0&l=en&o=4219633-1&h=3132876840&u=https%3A%2F%2Fwww.getswivel.io%2F&a=SWIVEL, a transaction enablement fintech that removes friction in the movement of money for financial institutions and other payment communities, announced today its [...]

Key Highlights * Hyundai Capital Bank Europe GmbH securitised a portfolio of auto loans in Pony 2024. * Fitch rated Pony S.A. Compartment German Auto Loans 2024-1 with final ratings. [...]

New York: Fitch Ratings has issued the following commentary: Fitch Ratings has assigned Globaldrive Auto Receivables 2024-A B.V.'s asset-backed notes final ratings, as detailed below. RATING ACTIONS TRANSACTION SUMMARY The [...]

On July 2, 2024, the Consumer Financial Protection Bureau ('CFPB') issued its Summer 2024 Supervisory Highlights. The Supervisory Highlights include some of the CFPB's findings from recent examinations of various [...]

New York: Fitch Ratings has issued the following commentary: Fitch Ratings has affirmed Sabadell Consumer Finance Autos 1, FT with Stable Outlooks as detailed below. RATING ACTIONS TRANSACTION SUMMARY The [...]

New York: Fitch Ratings has issued the following commentary: Fitch Ratings has affirmed Red & Black Auto Germany 9 UG, as detailed below. RATING ACTIONS TRANSACTION SUMMARY The transaction is [...]

Santa Monica: Edmunds reports that 23.9% of new vehicle sales with a trade-in had negative equity, the highest level recorded since Q1 2021. This indicates that a growing number of [...]

Key Highlights * Red & Black Auto Germany 9 UG's rating actions were affirmed by Fitch Ratings * The transaction involves German auto loan receivables from Red & Black Auto [...]

This strategic partnership aims to enhance the financial well-being of Steel Authority of India's employees Punjab National Bank (PNB) has signed a pact with Steel Authority of India (SAIL) to [...]

ST. PAUL: SECURIAN FINANCIAL has issued the following news release: Securian Financial and Open Lending have announced a strategic partnership for Securian to provide insurance to credit unions and other [...]

AUSTIN: OPEN LENDING CORPORATION has issued the following news release: Open Lending Corporation (NASDAQ: LPRO) ('Open Lending' or the 'Company'), an industry trailblazer in automotive lending enablement and risk analytics [...]

The Tripura Tribal Areas Autonomous District Council on Wednesday launched an ambitious autorickshaw loan scheme called TIPRA-HAM to empower tribals. The announcement of TIPRA-HAM, or Tripura Indigenous Peoples Livelihood Resource [...]

TTAADC has launched the TIPRA HAM Loan Scheme to provide sustainable income opportunities for unemployed indigenous youths in the Tripura Tribal Areas Autonomous District Council. Pradyot Kishore Manikya Debbarma, former [...]

(GlobeNewswire) - A growing share of car owners are finding themselves upside down on their car loans as used car values continue to normalize. According to Q2 2024 data from [...]

Wellington: Commerce Commission New Zealand has issued the following news release: The Commerce Commission is progressing criminal proceedings in the District Court against El Cheapo Cars (trading as Ezybid Finance) [...]

Santa Monica, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- A growing share of car owners are finding themselves upside down on their car loans as used car values continue to [...]

Byline: Michael Bow Britain's complaints watchdog is battling Barclays' bid to quash a key ruling at the heart of the motor finance 'mis-selling' scandal. The Financial Ombudsman Service, which rules [...]

Mercedes-Benz Auto Finance Ltd., part of the Mercedes-Benz Mobility group division, successfully issued its first Green Auto Loan Asset-Backed-Security in July 2024 in the Chinese Interbank Bond Market. The Class [...]

Key Highlights: * Mercedes-Benz Auto Finance Ltd. issued its first Green Auto Loan Asset-Backed-Security in July 2024 in the Chinese Interbank Bond Market. * The Class A Notes had a [...]

Key Highlights: * New-vehicle buyers in Q2 2024 are contending with elevated interest rates, with the average APR climbing to 7.3. * Roughly 70% of new-vehicle loans in Q2 2024 [...]

CHICAGO: TransUnion has issued the following news release: A new TransUnion (NYSE: TRU) study released found that consumer affordability challenges and tighter lending restraints are impacting new vehicle originations across [...]

Byline: By, Elaine Blackburne A healthy credit score can be a big help across a range of areas. They not make a difference on whether you get a loan or [...]

Byline: Ruby Hinchliffe When Brian Flynn took out a PS1,500 loan to buy his friend's car four years ago, he had no idea it would one day cost him his [...]

CLOSE Brothers, the merchant bank facing a wave of payouts over unfairly sold car loans, said today it was 'working through a period of uncertainty' but left its estimate of [...]

Byline: By, Henry Saker-Clark, PA & Steven Smith The UK's financial regulator has warned motor finance firms to hold back cash as it continues an investigation into the sector. The [...]

Byline: By, Henry Saker-Clark, PA Deputy Business Editor & Lawrence Matheson Motor finance firms have been ordered to set aside funds as the UK's financial regulator continues its investigation into [...]