A Record Number of Consumers Are Making Minimum Credit Card Payments As Delinquencies Also Rise ...

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for CardWorks, and its wholly-owned bank subsidiary, Merrick Bank, to acquire ...

Ally Financial Inc. reached a deal to offload its credit-card unit to CardWorks Inc., bowing out of a business it entered ...

Ally Financial’s fourth-quarter auto originations climbed year over year as the bank prioritized its auto lending business.

CardWorks agreed to buy the business, including a $2.3 billion credit-card loan portfolio with 1.3 million active cardholders ...

The auto lender is selling its credit card business and halting new mortgage loans, abandoning its once-broader ambitions.

Ally Financial (ALLY) and CardWorks announced they have entered into a definitive agreement for CardWorks, and its wholly-owned bank ...

Ally Financial (NYSE:ALLY) stock jumped 8.6% in Wednesday premarket trading after the lender posted stronger-than-expected Q4 results and announced an agreement to sell its card business to CardWorks ...

This move aligns with Ally's mission to focus on its core services, including approximately 10 million customers in banking, ...

(Reuters) -Consumer lender Ally Financial has agreed to sell its credit card business to credit and payments firm CardWorks, ...

Ally Financial Inc. (NYSE: ALLY) and CardWorks, Inc. today announced that they have entered into a definitive agreement for ...