Compliance
AFSA 2021: Dems on the Hill prioritize federal all-in interest rate cap
Federal “all-in” interest rate caps are a priority for the U.S. House of Representatives’ Financial Services Committee and certain Democratic...
The new ‘smart’ car: An introduction to connected car payments
The what: What are connected car payments? Connected car payments are a subset of connected car technology. Connected cars are...
Pa. auto dealer sentenced to 4-plus years in prison for fraud
Andrew Gabler, owner of Lakeside Auto and Lakeside Chevrolet and former president of the National Independent Automobile Dealers Association, was...
New York AG eyes Credit Acceptance Corp. in fresh probe
The Office of the New York State Attorney General is considering bringing claims against Credit Acceptance Corp. in connection with...
Eisman’s biggest short is subprime lender Credit Acceptance
Steve Eisman, the Neuberger Berman Group portfolio manager made famous by successfully wagering against subprime loans a decade ago, said...
Biden taps Gensler as SEC chairman, FTC’s Chopra as CFPB chief
President-elect Joe Biden has picked a pair of veteran regulators strongly backed by progressive Democrats to lead two key Wall...
Illinois to implement 36% rate cap on auto loans
The Illinois State Legislature passed a bill late yesterday as the Assembly adjourned that will impose a 36% “all-in” interest...
Murky waters: Navigating GAP state regulations
On July 1, Tim Mazza led a civil complaint against Air Academy Federal Credit Union, saying the creditor failed to...
