Ally Lending

Ally Lending is the personal lending division of Ally Bank, a subsidiary of Ally Financial Inc. It operates by partnering with merchants, retailers, and healthcare providers to offer consumers financing options directly at the point of sale. This enables customers to pay for large purchases over time through installment loans. Ally Lending's services span various industries, including home improvement, medical and dental procedures, and retail goods. The company leverages the digital infrastructure of Ally Bank to provide a streamlined, paperless application and loan management process for both consumers and business partners. Its history is tied to Ally Financial, which originated as General Motors Acceptance Corporation (GMAC) in 1919 and has since evolved into a leading digital-only bank in the United States.