Credit Acceptance is Served Subpoena From Mississippi AG
Mississippi Attorney General James Hood (Via Wikimedia Commons) The subprime auto lender Credit Acceptance Corp. disclosed that it has received ...
Tag: Credit Acceptance Corp.
Credit Acceptance Expands Subprime Lending While Losses Spike
While some lenders in the subprime space are pulling back, Credit Acceptance Corp. continues to originate higher loan volumes, extend ...
Lenders See Regulatory Stability, CFPB Complaints Show
After years of retooling, investing, and stressing over the regulatory environment following passage of the Dodd Frank Act in 2010, ...
Credit Acceptance Grows Portfolio 23% in 1Q
Credit Acceptance Corp. grew its total portfolio outstanding to $4.4 billion in the first quarter — up 23.4% compared to ...
Pelican Restricts Repo Policy Amid Industry Concerns
Pelican Auto Finance LLC has changed two collection and repossession policies in the wake of increased attention from the Federal ...
DOJ Inspects BMW Financial Services’ Military Compliance
BMW Financial Services received a request for information from the U.S. Justice Department regarding the company’s leasing compliance, under the ...
Kill Switches Expose Lenders to Regulatory Enforcement, Analyst Says
Lenders are likely running away from the use of kill switches right now because “you expose yourself to regulatory enforcement,” ...
Westlake’s Portfolio Grew 23% in 2016
Westlake Financial Services increased its portfolio to $3.59 billion, as of January 2017, a 23% year-over-year rise from $2.92 billion at the ...
