Risk Management
Fifth Third in Honda Finance-Style Settlement with CFPB, DOJ
Fifth Third Bank today reached a Honda Finance-style consent order with the Consumer Financial Protection Bureau and the U.S. Department...
Ally Banking Arm Cross-Sells Auto Loan Customers
Ally Bank, the deposit-taking subsidiary of Ally Financial Inc., has grown to 1 million customers and $53 billion in deposits,...
Lenders, Auctions Fight Over Floorplan Business
ORLANDO, Fla. — Competition for floorplanning will continue to get tougher, said Mike Morgan, vice president of Floorplan Xpress, which provides...
Pre-Approved Auto Loans Next Step for Royal CU’s Online Platform
Royal Credit Union is aiming to extend pre-approved auto loan offers to members through its new online banking platform within...
FTC Lists ‘Seven Deadly Sins’ of Dealership Advertising
The Federal Trade Commission recently listed "seven deadly sins" of dealership advertising, marketing and sales practices, with six out of...
FTC Hits Dealership a Second Time for Ad Disclosures on Finance Terms
The Federal Trade Commission hit a West Virginia dealership with an $80,000 civil penalty for violating a 2012 consent order...
Buy-Here, Pay-Here Group Settles FTC ‘Furnisher’ Charges
The finance arm for a chain of buy-here, pay-here dealerships agreed to pay more than $82,000 to settle Federal Trade Commission charges...
ABS East: Subprime Auto is a Strong Performer, Experts Say
MIAMI — Subprime auto is a good bet for ABS investors, panelists on the Consumer ABS Financing Outlook roundtable said at...
