Strategies to Combat Extra-Institutional Compliance Woes
Compliance management systems encapsulate every departmental sector within an auto finance institution, but they also affect the way auto finance firms ...
Tag: compliance
Flat Fees and Parallels: 2 Takeaways From Toyota’s Settlement Case
If you work in auto finance, you’ve heard by now that Toyota Motor Credit Corp. (TMCC) reached a “voluntary” resolution ...
Top 3 Things On CFPB’s Mind to Keep an Eye On
The Consumer Financial Protection Bureau certainly had a busy year, given all the consent orders issued and fines leveled against ...
Compliance Training: Feed the Troops, Keep It Fun, Toyota Financial Says
LAS VEGAS — To raise awareness about compliance throughout an organization, it pays to keep training as informal and engaging ...
FTC Lists ‘Seven Deadly Sins’ of Dealership Advertising
The Federal Trade Commission recently listed "seven deadly sins" of dealership advertising, marketing and sales practices, with six out of ...
CREDIT: Subprime Inches Up as Delinquencies Remain ‘Under Control’
Auto loan delinquencies are "under control," despite a continued rise in subprime lending, while recent concern about a so-called subprime ...
How ‘Furnishers’ Can Avoid Trouble with the Feds
The Consumer Financial Protection Bureau is targeting violations of strict rules for so-called “furnishers,” including auto lenders, plus in many ...
CFPB Complaint Narratives: Lenders Weigh Public Responses
When it comes to the Consumer Financial Protection Bureau’s consumer complaint narratives, silence may be golden. Despite opposition, the regulatory ...
