Podcast: Credit access improves, but some borrowers turn to credit-builder loans
While credit access improved in May and vehicle prices were steady, affordability remained a concern, especially for credit-challenged consumers who ...
Tag: junk fees
California auto dealers seek to up processing fees to $500
California auto dealers may soon be able to increase their below-market document processing fee for applications, thus raising vehicle costs ...
State lawmakers gear up for enforcement
A week before the presidential inauguration, the Consumer Financial Protection Bureau preemptively handed off its enforcement baton, and a handful ...
CFPB issues ‘fine print’ warning to auto lenders
The Consumer Financial Protection Bureau is cracking down on terms and conditions in consumer financial products, prompting auto lenders to ...
Under the Hood: CFPB research exposes pricing confusion
A pricing report released last month by the Consumer Financial Protection Bureau revealed that consumers are confused when prices are ...
Consumer advocacy groups urge FTC to include auto in junk fee proposal
Auto sales should be included in the latest proposal on junk fees, consumer advocates told an FTC public hearing on ...
Under the Hood: Few FTC commenters cite junk fees in auto finance
Comments have been streaming in for the FTC’s proposed rule targeting “junk fees,” the term used to describe hidden or ...
Compliance reflections on 2023
Last December, I looked into my crystal ball to discuss the trends and topics we might see unfold this year. ...
