News Feed
Consumer Advocate Group Considers Most Auto Loans “Abusive”
The Center for Responsible Lending considers most auto loans to be at least potentially “abusive,” because in the center’s view,...
Preparing Risk Tools for 2020 ― Today
In auto finance, the concept of risk management boils down to creating profitable ― not perfect ― predictions about whether...
Dealertrack to Join Manheim, KBB and Autotrader at Cox in $4B Deal
Cox Automotive Inc. will pay $4 billion to add Dealertrack Technologies Inc. to its automotive family, which already includes Manheim, Kelley...
DriveTime Expands Warehouse Facilities
DriveTime Automotive Group Inc. established a $75-million private warehouse facility last month, boosting its total warehouse capacity to $675 million....
FTC Consent Orders Require ‘Clear and Conspicuous’ Disclosures
Image: FTC The Federal Trade Commission announced final consent orders with two car title lenders accused of misleading advertising, in...
CFPB Finalizes ‘Larger Participant Rule’ with Only ‘Minor Changes’
The Consumer Financial Protection Bureau has published its larger participant rule, which will allow the agency to supervise larger nonbank...
Preparing Risk Tools for 2020 ― Today
In auto finance, the concept of risk management boils down to creating profitable ― not perfect ― predictions about whether...
New Ally CEO Says Cultural Change is Under Way
Without naming names, Jeffrey “J.B.” Brown, the new CEO of Ally Financial, had some harsh words for Ally’s corporate culture...
