General Motors' auto-finance arm has received a Department of Justice subpoena related to the underwriting criteria it used on securitized subprime auto loans, the company said Monday. Collections - Other Consumer
Since the collapse of the subprime mortgage market, lenders have all but stopped offering loans that sound too good to be true. But that's not the case with subprime automobile loans, which lenders continue to market aggressively to consumers with imperfect credit. Collections - Other Consumer
Total outstanding U.S. auto loans reached a record high of $ 902.2 billion through April, an increase of more than 10% from the same time a year earlier, according to the latest Equifax National Consumer Credit Trends Report released Thursday. Collections - Credit Card
Total outstanding balances and new credit in auto lending reached record highs this year as the sector continues to lead the economic recovery, according to the latest Equifax National Consumer Credit Trends Report. Collections - Other Consumer
The Consumer Financial Protection Bureau is learning just how hard it is to put effective curbs on small-dollar consumer credit. Collections - Other Consumer
