Compliance
Auto lenders look to balance customer service with compliance
As the Consumer Financial Protection Bureau picks up steam fresh off a Supreme Court win, auto lenders are looking to...
Compliance critical as regulators scrutinize auto pricing policies
Increased scrutiny of pricing and underwriting practices means auto lenders should closely review their portfolios, underwriting habits and pricing policies...
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...
Increased scrutiny raises costs of ancillary product refunds
Auto lenders, dealers and aftermarket product providers face an uptick in regulatory oversight that will require collaboration to streamline processes...
Buy now, pay later needs credit card-like oversight, CFPB says
Buy now, pay later lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB should be treated...
Supreme Court upholds consumer watchdog’s funding
The US Supreme Court upheld the Consumer Financial Protection Bureau’s funding system, lifting a legal threat that could have derailed...
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...
