Solera Auto Finance leans into prime EV financing
Solera Auto Finance is prioritizing its new electric vehicle loan product over its nonprime product on the heels of its ...
Tag: Ancillary Products
Under the Hood: Congress grills Chopra on CFPB transparency
Members of Congress challenged Consumer Financial Protection Bureau Director Rohit Chopra in a pair of hearings this month about the ...
Early GAP refund status updates critical to multistate compliance
PLANO, Texas — Early updates on GAP waiver refund status are key to lenders remaining compliant across varying state requirements. ...
Data management key for GAP compliance
Thorough record keeping at the time of origination and coordinated data management are key to compliance with different states’ guaranteed ...
4th Circuit affirms GAP inclusion does not nullify auto loan exemption from MLA
A 4th Circuit Court of Appeals decision on Wednesday affirmed a lower court’s finding that the inclusion of guaranteed asset ...
Under the Hood: CFPB’s ‘junk fee’ probe lacks transparency
The Consumer Financial Protection Bureau has stepped up scrutiny of auto loan servicers’ fees for late payments, repossessions and payment ...
Synchrony debuts credit card for aftermarket purchases
Consumer financial services company Synchrony launched earlier this month the Synchrony Outdoors Credit Card for consumers to finance aftermarket products ...
Stricter GAP legislation coming to 4 states
Four states have enacted or are considering new legislation aimed at pinpointing who is responsible for providing refunds related to ...
