Refunds and sales tactics: Navigating vague aftermarket oversight
It’s not easy these days for lenders to navigate increased regulatory oversight on aftermarket product sales. The Consumer Financial Protection ...
Tag: CFPB
CFPB report on auto lending expected in Q1
LAS VEGAS — The American Financial Services Association is expecting an auto finance report from the Consumer Financial Protection Bureau ...
CFPB auto lending complaints jump 46% in 2023
Consumer complaints submitted to the Consumer Financial Protection Bureau related to vehicle loans and leases increased 46.3% year over year ...
Compliance reflections on 2023
Last December, I looked into my crystal ball to discuss the trends and topics we might see unfold this year. ...
Implementing uniform GAP refunds: Costly but necessary
Automotive lenders should implement a uniform process for GAP refunds across all states they lend in to comply with Consumer ...
AFN launches State Compliance Directory
Auto Finance News is now publishing regulatory compliance data from provider Winnow Solutions to deliver state and federal regulatory updates ...
Under the Hood: CFPB new guidance hinges on negligible complaint data
The Consumer Financial Protection Bureau’s latest statement cautions lenders to avoid discriminating against auto loan borrowers who are immigrants. Yet, ...
Podcast: ‘Weekly Wrap’ speaks to Toyota CFPB oversight, subprime credit tightening
The Consumer Financial Protection Bureau continued to focus on the sale of ancillary products to consumers, fining Toyota Motor Credit ...
