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CFPB calls refinancing a ‘potential tool’ for competition

Auto Finance Summit 2022

Riley Wolfbauer

LAS VEGAS — The Consumer Financial Protection Bureau (CFPB) is turning an eye toward auto refinancing as consumers look for affordable payment options. “One area that [CFPB Director Rohit Chopra] has emphasized across markets is refinancing as a potential tool for increased competition,” Chris Kukla, senior markets and policy fellow at the CFPB, said Thursday […]

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