There were additional problems: Tricolor faces a federal fraud investigation, and the broader auto loan market has been ...

The trustee overseeing bankrupt Tricolor Holdings is seeking control of roughly 100,000 subprime auto loans originated by the ...

Axis Auto Finance has taken its latest step toward going away. The Mississauga-based direct-to-consumer subprime lender, which sold its auto finance business to Fionic Canada in December, announced it ...

More car-buyers used seven-year loans to finance new vehicles in the first quarter as they continued to struggle with affordability, according to a recently released report. Edmunds said last week ...

Federal Reserves recent quarter-point rate cut offers modest relief by lowering interest rates on variable-rate loans such as ...

The Fed has kept borrowing costs elevated for more than two years to help slow inflation, since higher rates make it more ...

Interest rates for credit cards and some other loans will head down, now that the Fed has cut short-term interest rates for the first time in 2025.

Auto dealer Tricolor filed for Chapter 7 bankruptcy in Texas court on Wednesday, moving to liquidate its business a day after ...

The Better Business Bureau is urging Tricolor customers to keep making payments as the auto lender’s bankruptcy plays out.

Creditors to First Brands Group are tallying paper losses in the billions of dollars and trying to assess the widening damage ...