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 ...

The Securities and Exchange Commission on Thursday charged Capital One and two senior executives for understating millions of dollars in auto loan losses incurred during the months leading into the ...

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 ...

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 ...

Since 2013, Capital One’s auto loan portfolio (21% of total loans) has grown at nearly a 15% average annual rate. While this elevated growth rate gives us concern, management has said that it has ...

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. — 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 ...

Capital One has decided to terminate its auto dealer services business offering floorplan lending. "We will be winding down that work this year," a Capital One spokesperson told Automotive News in a ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. An auto equity loan could help pay for necessary expenses, but research your ...

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 ...