The auto supplier’s bankruptcy loans have fallen in value as concerns heighten about its path to a restructuring.
In a "rinse and repeat cycle," the CEO is accused of regularly transferring funds from debtors to himself and others for ...
Morningstar|DBRS sees some pain, but limited fallout, from the First Brands bankruptcy on financial institutions, the auto sector, and private middle-market lenders. However, the recent growth in ...
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SEC Scrutinizes Jefferies Over First Brands Disclosures
The U.S. Securities and Exchange Commission (SEC) is carrying out a probe into Jefferies Financial Group Inc. JEF over its ...
The average car loan interest rate is 6.35% for new cars and 11.62% for used cars, according to Experian's State of the Automotive Finance Market report from the fourth quarter (Q4) of 2024. If you're ...
As a new car owner, understanding the implications of your financial responsibilities is crucial. One question that often arises is, "What happens if my first car loan payment is one day late?" This ...
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 ...
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