While some Ally Financial borrowers are having a harder time making their car payments, the company is sticking to its earlier projection that its retail net charge-offs will be about 1.8% for all of ...
While Ally Financial expects the strong used-car market to lose steam over the next two years, there’s no sign of a drop-off yet. Processing Content The Detroit-based lender continues to benefit from ...
Ally Financial Inc. saw fewer auto loan applications during the third quarter compared with a year earlier, but the dollar value of its new originations remained unchanged at $12.3 billion, the ...
Indirect auto lending giant Ally Financial expects inventory shortages to persist in 2022 but predicted another strong year of auto loan applications received and amounts borrowed, CFO Jenn LaClair ...
SoFi and Ally reported Q1 results that could not look more different, and the gap between their strategies raises a pointed ...
NEW YORK — Ally Financial addressed speculation that it might venture into more subprime auto lending. The company reiterated to SubPrime Auto Finance News about its decision to concentrate on the ...
Ally Financial this week rolled out several new tools designed to make it faster and easier for consumers to manage their accounts and make payments via mobile devices and gain faster customer service ...
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Ally Financial (formerly known as the General Motors Acceptance Corp., or GMAC) is one of the biggest auto lenders in the United States. It also has Ally Bank, which is a digital depository insured by ...
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Ally narrows 2025 auto net charge-off guidance to 2%–2.15% as credit and margin trends strengthen
CEO Michael G. Rhodes stated he is "encouraged and energized by the progress we've made as an organization over the first half of the year," highlighting "double-digit year-over-year growth" in ...
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