The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions. Ally CEO touted the move as "the power of focus." ...
Ally Financial Inc. fourth-quarter earnings surged as its net interest margin beat analysts’ estimates and expenses and provisions for bad debt declined. Shares of the company soared as much as 8.7%, ...
CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders as of the end of last year, Ally said. Additional terms of the deal ...
This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...
Generally, you can talk to a representative about auto loans, home loans, or personal loans beyond traditional hours Monday through Friday and select hours on Saturday. Is Ally Bank Trustworthy?
(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, the companies said on Wednesday. Shares of Ally jumped 8.6% in premarket ...
(Bloomberg) -- Ally Financial Inc. fourth-quarter earnings ... More borrowers could fall behind on their auto-loan payments if macroeconomic conditions worsen or used-vehicle prices fall, Chief ...