Tag: Ancillary Products

Guaranteed asset protection (GAP) waivers have always held state regulators’ attention, but as vehicle price increases drive up consumer demand ...

LAS VEGAS — Legislation surrounding guaranteed asset protection (GAP) is on the rise and should double within the next year, ...

Automation is quickly becoming the new norm in auto finance, prompting auto lenders to partner with fintechs to simplify their ...

Wells Fargo Auto has increased its allowance on guaranteed asset protection (GAP) products with its dealer partners nationwide as costs ...

The Department of Defense last week withdrew a provision to the Military Lending Act (MLA) that prevented adding guaranteed asset protection (GAP) ...

Ancillary products are under scrutiny by attorneys general, the Consumer Financial Protection Bureau and the Office of the Comptroller of ...

Fueled by off-lease volume and consumer demand, used-vehicle sales are nearing record levels. For lenders focused on used vehicles — ...

The Consumer Financial Protection Bureau is likely to keep an eye on lenders’ sales of guaranteed asset protection (GAP) products ...