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The Consumer Financial Protection Bureau is withdrawing from a lawsuit against subprime lender Credit Acceptance Corp. that it filed alongside the New York Attorney General Letitia James’ office. The CFPB filed a motion to withdraw from the case April 24, according to a Credit Acceptance Corp. (CACC) release. The lender’s motion for dismissal of […]
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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
