Compliance
Compliance experts discuss ethics as deferrals end
Lenders will need to remember one thing as pandemic-spurred deferral programs end and an influx of delinquencies and repossessions begin...
AFRS webinar features Exeter compliance officer Aug. 12
Compliance must balance regulatory risk with operational cost, and establishing a positive relationship between the first and second lines of...
FTC report highlights concerns with dealer advertising and add-on products
On July 30, 2020, the Federal Trade Commission (FTC) issued a Bureau of Consumer Protection Staff report titled Buckle Up:...
Auto Finance Coalition and FTC explore fraud deadline
The Auto Finance Coalition has been meeting with the Federal Trade Commission to discuss changes to the Fair Credit Reporting...
AFRS webinar series presents Benoit, Edelman on Aug. 5
State and federal compliance is always top of mind for auto lenders, and during a pandemic it is more crucial...
CCPA for lenders outside California
The California Attorney General’s office began enforcing the California Consumer Privacy Act (CCPA) on July 1. Lenders operating outside California...
CFPB statement clarifies credit reporting and CARES Act
On April 1, as the nation was in the beginning stages of its COVID-19 shutdown and companies, including financial institutions,...
Another ‘unfathomable’ decision: Colorado loans not valid when made
On June 9, the Colorado District Court issued an order stating that federal interest rate exportation authority under Section 27 of...
