Goodbye, Arbitration Clauses?
Since the early- to mid-1990s, auto finance companies and car dealers have increasingly incorporated mandatory, pre-dispute arbitration clauses into the ...
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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 ...
Ally Shows ‘Human Side’ of Auto Business in New Campaign [VIDEO]
Ally Financial Inc. is showing dealers “the human side of the auto business” in a new advertising campaign, the company ...
SCUSA, ACA Heat Up the ABS Market with New Subprime Offerings
Santander Consumer USA Inc. has released its first offering on a new platform called Drive Auto Receivables Trust. The new platform is ...
Report: Republicans Call to Replace Cordray With ‘Bipartisan Committee’
Politicians from both sides of the aisle scrutinized the Consumer Financial Protections Bureau, while some Republicans called for the bureau ...
SCUSA to pay $9.35 Million to Resolve DOJ Lawsuit
Santander Consumer USA Inc. has agreed to pay a record $9.35 million to resolve a Department of Justice lawsuit alleging ...
CFPB Monetary Resolutions on the Rise — But That’s OK
Sometimes only money talks... Consumer complaints, lodged via the Consumer Financial Protection Bureau’s complaint portal, can be closed a number ...
Jeffrey Brown Named New CEO at Ally
Jeffrey J. Brown replaced Michael A. Carpenter as chief executive of Ally Financial Inc., effective yesterday. Carpenter, who joined Ally ...
