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The Consumer Financial Protection Bureau is taking a close look at automatic payments for auto loans as well as servicing practices across both auto and student loans to be sure procedures align with the prohibition of unfair, deceptive or abusive acts or practices. Bureau examiners found that some auto loan servicers failed to debit consumers’ […]
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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
