The auto industry has had its ups and downs over the years, to say the least. Post-pandemic, it’s gone through another renaissance. This means an uptick in potential car buyers for 2025. With interest ...
Capital One Financial Corporation has much higher exposure to deteriorating consumer credit stability as living costs rise, and consumer debt issues mount. The bank's higher subprime auto loan ...
Capital One has laid off a small number of its 3,300 auto finance employees. The layoffs occurred last week in response to the company's decision to cut back on writing new loans, according to a ...
Whether you are purchasing a new or used vehicle, obtaining financing is usually the most difficult part of the process. Since more than 80% of new vehicle purchases are financed, you aren’t alone if ...
Capital One Financial is backing off slightly from the booming auto market, with its chief executive citing “aggressive” actions from credit unions and other lenders that are keeping their pricing ...
McLEAN, Va. — As much as consumers might be conducting research before making a vehicle purchase, the seventh annual Rules of the Road Survey from Capital One Auto Finance found that many buyers are ...
If you're buying a used car, Bank of America, Chase, First Tech FCU, and PNC Bank finance used vehicles, but have mileage and age restrictions for certain vehicles.
Capital One has launched an AI agent designed to help consumers with one of the most frustrating, time-consuming processes in life: buying a car. The banking giant’s Chat Concierge provides ...
Borrowers with excellent credit might have access to the lowest auto refinance rates and flexible payment options Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...
McLEAN, Va. — For the second quarter, Capital One recently announced that auto loan originations climbed 31.4 percent over the previous quarter to hit $1.8 billion. In the first quarter, Capital One ...
Bad credit can be a barrier to getting approved for a car loan or for receiving favorable terms. Fortunately, even if your credit history has some blemishes, you still have options from banks, credit ...