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Comments have been streaming in for the FTC’s proposed rule targeting “junk fees,” the term used to describe hidden or unnecessary charges that inflate costs while adding minimal value to consumers. But auto finance-related complaints related to junk fees are few and far between. The FTC at the end of the year extended the comment […]
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Auto lender Arivo Acceptance wanted to develop new software faster, so it enlisted a group mainly comprised of interns with...
Extra-long car loans can lower consumers’ monthly payments, but they also keep dealers from selling vehicles to those customers for...
Alternative asset management firm Bayview Asset Management in the past five years has purchased about $25 billion in auto collateral through bulk...
Luxury vehicle dealerships are fighting a rapidly growing scam in which fraudsters impersonate delivery companies to steal vehicles. Kalamazoo, Mich.-based...
David Thompson
David Thompson
David Thompson
