Ally steers back to auto after brief credit card venture
The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.
Ally Financial stock surges after strong Q4 results, agreement to sell card business
Ally Financial (ALLY) stock jumped 8.6%in Wednesday premarket trading after the lender posted stronger-than-expected Q4 ...
Ally Financial Stock Surges as Company Beats Profit Estimates, Sells Credit Card Business
Key Takeaways Ally Financial posted fourth-quarter earnings and revenue that topped estimates as it reduced expenses.CEO ...
Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
The Federal Reserve is expected to cut rates further in 2025, paving the way for slightly lower borrowing costs for consumers ...
Crain's Detroit4d
Ally Financial offloads credit card business, $2.3B loan portfolio
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...
Retail credit demand moderated in Q2: Cibil
Led by a fall in demand in credit card spends, personal loans and consumer durable loans, the overall growth of retail credit ...
NBC Chicago10d
Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
From mortgage rates and credit cards to auto loans and savings accounts, here are his predictions for where rates are headed. Federal Reserve officials reduced their outlook for expected cuts in ...
Marketplace4d
Consumers are still strong, despite rising debt delinquencies
Though many households are faltering on credit card and auto loan payments, wealthier Americans keep overall spending metrics ...
NBC DFW10d
Mortgages, credit cards, auto loans: Expert predictions for interest rates in 2025
From mortgage rates and credit cards to auto loans and savings accounts, here are his predictions for where rates are headed. Get top local stories in DFW delivered to you every morning.