Credit Losses Have ‘Normalized,’ Cap One Declares
On the heels of the clarion call from Honda Motor Co.'s U.S. sales chief that lenders are originating "stupid" 84-month ...
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Chicken Little Take Note: Wise Business Practices Help Keep the Subprime Sky from Falling
While it is true that subprime lending volumes are up, this does not necessarily signal that the market is headed ...
CFPB, DOJ Are Prepared to Take Action Against TFS
Toyota Motor Credit announced that the Consumer Financial Protection Bureau and U.S. Department of Justice are prepared to take action ...
California Dreaming: L.A. Auto Show Highlights
Los Angeles, with its 800-plus miles of freeways, endless broad boulevards, and vast sprawl, is a city built around cars. ...
CFPB to Review AFSA Challenge to Disparate Impact Methodology
A spokesman from the Consumer Financial Protection Bureau said in a statement that the consumer regulatory agency will carefully review ...
NYC Consumer Agency Subpoenas SCUSA
The New York City Department of Consumer Affairs, or DCA, said yesterday it had issued subpoenas to Santander Consumer USA, ...
Captives Charge 40% Below Average Financing Rates, Study Says
Captive finance companies of auto manufacturers charge about 40% below average loan rates for new cars, according to the 2014 ...
Flagship Credit Acceptance to Merge With CarFinance Capital
Flagship Credit Acceptance and CarFinance Capital to merge into a single, national automotive lending company.
