How the 2008 Financial Crisis can Inform Lender Compliance
© Can Stock Photo / svanblar The demands of regulatory compliance are difficult enough when the industry is healthy and ...
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Adding-On Risk: Consumers Rack up Tabs On Ancillary Products
Consumers’ defenses go on high alert when they step into the F&I office to finalize a deal. By that time, ...
Ten Years Later: CFPB, the Financial Crisis, What Have We Learned?
Samuel Ellis, principal consultant, Auto Experience Inc. I know it’s hard to put an exact date at the beginning of ...
Consumer Watchdog Loses Lawsuit Against Debt Collection Firm
A debt collection law firm, Weltman, Weinberg & Reis Co., LPA, won its lawsuit against the Bureau of Consumer Financial ...
Bureau Nominee Clears Path to Confirmation Despite Senate Critics
© Can Stock Photo / demerzel21 Although Kathy Kraninger — President Donald Trump’s nominee to lead the Bureau of Consumer ...
Toyota Financial Moves Swiftly to Raise Dealer Markup Cap
Photo by Paul David via Flickr President Donald Trump signed into law last week legislation that rescinds the Consumer Financial ...
Wells Fargo to Pay $1B Fine, Extent of Consumer Harm Undetermined
Wells Fargo & Co. was officially fined $1 billion by federal regulators today in part for mischarging consumers for insurance ...
As DriveTime’s Losses Surge, Ally Financial Extends Credit Line
Via DriveTime.com Ally Financial Inc. is opening a $750 million line of credit to make loans through DriveTime Automotive’s network ...
