Tag: compliance

Toyota Motor Credit Corp. has reached a $7.6 million settlement with the Massachusetts Attorney General’s Office to resolve allegations that ...

Auto lenders who finance negative equity have been given a reprieve from small loan licensing requirements following an exemption passed ...

Auto lenders may soon need to register consumer protection law-related consent orders or judgments imposed on them in a new ...

The volume of consumer complaints tied to auto loans increased 7.5% year over year in 2022, driven by billing and ...

Last month, I reported on how the regulatory year progressed in 2022. I suppose in 2023 we should be accustomed ...

Wells Fargo’s $3.7 billion settlement with the Consumer Financial Protection Bureau includes the largest consumer redress and financial penalty in ...

Wells Fargo Auto is paying $1.3 billion to more than 11 million borrowers following a Consumer Financial Protection Bureau (CFPB) ...

Auto lenders have been granted a reprieve from new commercial financing disclosure laws coming down the pipe into early 2023.  ...