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The same 10 lenders from 2020 led their peers in new car loan market share last year, according to Experian. Carvana shook up the used-vehicle leaderboard.
Wells Fargo & Co. is facing more regulatory scrutiny related to auto-insurance practices.
And Wells Fargo has admitted to illegally repossessing the vehicles of hundreds of service members. Peña said he has successfully received an auto loan in the past that went through a dealership.
Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting ...
Scandal, regulatory pressure and structural inefficiencies prompted Wells Fargo, one of the largest U.S. auto lenders, to scale back vehicle loan originations in 2016. Today, Wells Fargo Auto is ...
As many as 570,000 Wells Fargo customers will receive reimbursements due to issues related to its auto collateral protection insurance, or CPI, policies, the bank announced.
Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their consent, resulting ...
Wells Fargo is scaling back and remolding its auto lending business in response to growing stress in the market.
Wells Fargo will stop issuing loans to the majority of its independent auto dealer customers, the company has confirmed. People with knowledge of the situation state that Wells Fargo sent letters ...
Wells Fargo is taking over management of issuing refunds to customers with GAP products whose loans end early, the person said. Typically, that has been handled by the dealerships.
San Francisco-based Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands of auto loan customers for costly car insurance without their ...
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