CFPB Names New Head of Installment Lending
The Consumer Financial Protection Bureau said today it had filled three senior positions at the agency, including Jeffrey Langer who...
Economy, Federal Policy Shape Auto Recovery
On the closing day of the Conference of Automotive Remarketing last week, optimism among the auction community was palatable as...
The Importance of Investigating Consumer Disputes
It’s important for creditors to look into consumer disputes or complaints before furnishing credit history information to credit reporting agencies.
Experian: Car Leasing Most Popular Since 2006
The share of new vehicles financed by lease rose to the highest level since 2006, according to a new report...
Dealers Step Up Role in Compensation Debate With Plan to Standardize Exceptions
For the past couple years, dealers have been standing on the sidelines watching lenders and regulators go to head to...
Clark Outlines TD’s Growth Strategy: ‘Capability, Scale and Breadth of Relationships’
For Paul Clark, the competitive auto finance landscape offers an opportunity for TD Auto Finance to outshine its rivals. A...
TD: ‘We’re Not There Yet’ on Near-Prime
Acknowledging a scale-back in originations last quarter, TD Bank's Tim Hockey told analysts yesterday in an earnings call that the...
Fitch Says Asset Quality Will Go Down
Though Fitch Ratings expects the outlook for most individual auto lenders to be “stable,” the agency has assigned a “negative”...
