NY Attorney General Aims to Shut Down Credit Repair Service
The New York Attorney General ordered credit repair service Credit Forget It, Inc. to shut itself down, claiming the company ...
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CFPB Accuses Lender of Pressuring Servicemembers
The Consumer Financial Protection Bureau (CFPB) sued Security National Automotive Acceptance Company (SNAAC) today for allegedly implementing aggressive debt collection ...
Record Low Delinquency Rates Burst the ‘Bubble’ Debate
Record high originations and low delinquency rates indicate the absence of a bubble in subprime auto lending, said Dennis Carlson, ...
Lending, Leasing Hit Several Records in First Quarter
Auto loans and leases hit several new highs in the first quarter, all related to affordability, in a word. Records ...
7-Year Loans Require Greater Vigilance, Higher Pricing
As cars get more expensive and consumer budgets get tighter, loan terms are extending to keep monthly payments affordable. The ...
Lenders Search for New Ways to Attract Millennials
Two of the largest auto lenders in the U.S. — Ally Financial Inc. and Wells Fargo & Co. — are ...
There’s No Letup From CFPB in Lead Up to AFRCS
There's no easing up at the Consumer Financial Protection Bureau, not when it comes to auto finance at least. A ...
Harley-Davidson Financial Issues $500 Million ABS
Harley-Davidson Financial Services heated up the securitization pipeline with a $500 million securitization, according to an April 27 presale report ...
