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Illegal Repos Cause Veteran Pushback on Forced Arbitration
The Union Veterans Council supported the Consumer Financial Protection Bureau’s ban of forced arbitration clauses in a letter to congress...
Consumers Show Increased Appetite for ‘Cheap Finance,’ Report Finds
Since the downturn, the combination of attractive lease deals, pent-up consumer demand, and easy credit availability have pushed sales higher,...
Consumers Show Increased Appetite for ‘Cheap Finance,’ Report Finds
Since the downturn, the combination of attractive lease deals, pent-up consumer demand, and easy credit availability have pushed sales higher,...
NPA: New-Unit Sales to Dip as Used Financing Rises in 2018
LOS ANGELES -- New-vehicle sales are expected to decline in 2018 as used powersports sales and wholesale competition continues to...
OneMain Financial Solicits Takeover Bids
Via Wikimedia Commons OneMain Financial, a subprime lender specializing in auto and personal loans, is actively soliciting buyers for a...
Analysts Predict Higher Delinquencies in Auto ABS in Wake of Hurricanes
While Hurricanes Harvey and Irma will likely have minimal effect on the credit quality of U.S. corporate issuers, auto asset-backed securities transactions...
Santander’s Executive Churn Indicates Move Toward Corporate Consolidation
Santander Holdings USA (SHUSA) and Santander Consumer USA (SC) are “taking steps toward integrating their operations” under the Spanish parent...
CFPB’s Title Lending Rule Has Limited Scope in Auto
Via CafeCredit.com/ Flickr The Consumer Financial Protection Bureau released its final rule on payday and title lending on Thursday and...
