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The Consumer Financial Protection Bureau’s latest statement cautions lenders to avoid discriminating against auto loan borrowers who are immigrants. Yet, an Auto Finance News analysis of agency data reveals that immigrant-related financing issues were cited in 0.0003% of consumers’ auto lending complaints. The CFPB’s Oct. 12 statement, released jointly with the Department of Justice (DOJ), […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
