Capital One (NYSE: COF) is changing its business model in a significant way following its acquisition of Discover. The key ...

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 ...

While median car payments have jumped from $390 to $525 since 2019, data provided by Capital One suggests stability in vehicle cost compared to income.

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 auto industry is changing rapidly, facing an important inflection point unlike any we’ve seen before. It’s vastly different than it was 10 or even 5 years ago. The rise in AI, machine learning and ...

Lenders seem happy to sit back and watch, as more buyers take on longer-term loans in an effort to keep payments low ...

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 ...

Buying a car is often one of the most expensive purchases people will make next to buying a home. However, for many consumers, the car buying process—from discovering the right vehicle to securing ...

McLEAN, Va. — A spokesperson for Capital One Auto Finance confirmed earlier this week to SubPrime Auto Finance News that the division's top management has been shuffled, including the retirement of ...

Capital One Financial Corp., the bank that’s seeking to acquire rival Discover Financial Services, posted a profit that beat Wall Street estimates on strength in its credit-card and auto-lending ...