Tag: CFPB

While consumers bogged down by financial obligations are barred from joining the military, service members often accrue debt — particularly ...

Credit Acceptance Corp.’s (CAC) forecasted payment performance for outstanding auto loans on its balance sheet remained nearly unchanged from its March 31 forecasts, despite ...

The Consumer Financial Protection Bureau‘s latest guidance effort may be beneficial for lenders, but has its drawbacks, industry lawyers say. ...

The Consumer Financial Protection Bureau is trying to uncomplicate the complicated.   The federal regulator today launched a pilot program that allows lenders, including some automotive lenders, a more ...

Auto finance customers’ concerns about the impact of the coronavirus may be addressed, in part, with traditional loss-mitigation tools. Deferral ...

Auto loan applications dropped 52% between the first and last week of March, with the COVID-19 economic crisis muting auto ...

Regulatory uncertainty remains one of the most significant challenges to finance companies that want to develop creative and innovate products ...

The Consumer Financial Protection Bureau (CFPB) today released a policy statement outlining the responsibility of credit-reporting companies (CRA) and furnishers ...