Vehicle Sales
AFN Composite Index
Consumer Sentiments
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APR 48 Mos.
The Consumer Financial Protection Bureau (CFPB) is scrutinizing lender practices related to miscalculating ancillary product refunds following a repossession or loan payoff, prompting auto lenders to notify product providers and collect correct deficiency balances. “The [CFPB is] claiming that one or more servicers have incorrectly calculated the amount of refund for certain products, which resulted […]
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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
