Legislation in auto finance: What’s on the horizon?
The rise of a state-driven consumer protection agency, along with the 2020 presidential election results, could shake up legislation practices ...
Tag: Bureau of Consumer Financial Protection
CFPB refines debt-collection rule
After reviewing 37,000 comments in the past seven years, the Consumer Financial Protection Bureau is nearing the finish line on ...
NMAC to pay $5M in CFPB settlement
Nissan Motor Acceptance Corp. has reached a $5 million settlement with the Consumer Financial Protection Bureau for collection and repossession ...
CFPB eyes auto loan servicing amid pandemic
The Consumer Financial Protection Bureau has auto loan servicing on its radar as a top risk area in its “prioritized ...
Weekly Wrap: The auto finance industry’s future
Auto finance industry professionals are keeping a close eye on demand for new and used vehicles, digital tool adoption and ...
Will CFPB investigations rise after the election?
Auto lenders could see an increase in new investigations from the Consumer Financial Protection Bureau as early as 2021 if ...
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 ...
Tricolor a finalist for financial inclusion award
Tricolor Auto Acceptance has been named a finalist for a LendIt Fintech Industry Award for excellence in financial inclusion, according ...
