Tag: repossessions

The Consumer Financial Protection Bureau has brought claims against auto loan servicer USASF Servicing alleging that the company illegally disabled ...

Auto lenders are being advised to review their repossession notification processes following several lawsuits in recent months as regulators home ...

Pennsylvania courts are cracking down on repossession-related offenses, as evidenced by a trio of recent cases. Earlier this month, Freedom ...

Maintaining a steady, positive cashflow is essential in any business, and it is especially important for automobile lenders who constantly ...

Auto lenders’ use of artificial intelligence-driven chatbots could open the door for compliance challenges related to servicing.  The use of ...

Repossessions have increased at CIG Financial as consumer budgets are squeezed amid current economic conditions, leading the lender to increase ...

Exclusive coverage of risk management platform Point Predictive’s auto lending fraud trends report continued last week, and a delay in ...

The number of repossessed vehicles at auction is growing but remains 14% below pre-pandemic levels as recovery agencies have become ...