Auto lenders look to bolster financial literacy
Though April was officially financial literacy month, auto lenders typically keep consumer money skills top of mind year-round. Even so, ...
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Consumer advocacy takes a front seat as Chopra is confirmed to lead CFPB
Rohit Chopra was confirmed in a party-line vote by the U.S. Senate as the third director of Consumer Financial Protection ...
CFPB: Consumer complaints decline following June spike
Consumer complaints peaked in June with 657 auto finance-related complaints — the most reported since March. Complaints declined 3.7% from ...
NY Department of Financial Services cracks down on dealer markup
The New York Department of Financial Services has sanctioned two banks for allowing dealer markups on auto loans, yet auto ...
Consumer confusion prompts 22% increase in vehicle finance complaints to CFPB in 2020
Consumer confusion around loan modification programs and repossession moratoria prompted an increase in auto finance complaints with the Consumer Financial ...
Consumer debt-collection complaints increased 10% in 2020, CFPB report shows
More consumers had trouble with debt-collection practices in 2020 compared to a year ago, with the Consumer Financial Protection Bureau ...
Santander Consumer USA settles with CFPB for $4.75M
Santander Consumer USA on Tuesday settled with the Consumer Financial Protection Bureau over allegations that the lender had violated the ...
Lobel Financial to pay $1.3M CFPB settlement
Anaheim, Calif.-based indirect subprime auto lender Lobel Financial Corporation will have to pay $1.3 million to about 4,000 consumers as ...
