Ally Financial (ALLY) Declares $0.13 Quarterly Dividend; 1.9% Yield

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Go back to Ally Financial (ALLY) Declares $0.13 Quarterly Dividend; 1.9% Yield

Ally Financial (ALLY) Announces Strategic Alliance with Fair

April 10, 2018 12:09 PM EDT

Ally Financial Inc. (NYSE: FAIR) and Fair today announced a strategic relationship in which Fair will use Ally's SmartAuction as a remarketing solution for its returned cars, and offer consumers flexible car financing powered by Ally's Clearlane program.

Under the agreement, vehicles returned to Fair as a result of a customer exiting a Fair agreement will be listed on Ally's digital wholesale auto auction, SmartAuction, as a remarketing option. Additionally, Southern California dealers using Ally's Clearlanea multi-lender, digital financing platformwill be able to use Fair's mobile application to help consumers who don't... More