Santander Consumer USA settles with CFPB for $4.75M
Santander Consumer USA on Tuesday settled with the Consumer Financial Protection Bureau over allegations that the lender had violated the ...
Tag: Fair Credit Reporting Act
Auto Finance Coalition and FTC explore fraud deadline
The Auto Finance Coalition has been meeting with the Federal Trade Commission to discuss changes to the Fair Credit Reporting ...
Mitigating risk in pulling credit reports
Recently, there has been an uptick in lawsuits involving dealerships pulling consumer credit reports. Some have resulted in payments of ...
Don’t ignore the signs: 7 credit reporting compliance requirements to review
As we begin the new year, many auto finance companies start planning their annual compliance procedure review. If the September ...
State Farm Bank Pays No Fine, Ordered to Adjust Practices After CFPB Settlement
State Farm Bank is not required to pay a civil penalty after settling Consumer Financial Protection Bureau claims that it ...
Alternative Data Series: Part 1 – What is Alternative Data? [SPONSORED]
In order to better tell the story of alternative data, LexisNexis Risk Solutions developed a 4-part lecture series that explores ...
Tools for Helping Consumers with Their Credit Scores
A borrower's deal often boils down to her credit score. This matters because lender marketing often hinges on that score, too. ...
