Archive for Auto loans

We are piloting a new collection of auto data

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As a result of the CFPB’s enforcement action against Wells Fargo Bank, customers of its auto loan, mortgage, and banking businesses could expect to receive payments that help make up for the bank’s illegal practices

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Los préstamos automotrices representan la tercera porción más grande del mercado de créditos al consumidor

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Auto loans represent the third largest credit market

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New research analyzes how increased car prices are impacting consumers with deep subprime credit scores, finding that costs grew faster and are effectively pricing the most economically vulnerable out of the market

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Examination of the potential relationship between rising car prices and larger loan amounts and monthly payments, and the impact of those changes in auto loan characteristics for consumers

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Servicemembers face unique challenges in the financial marketplace

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The Division of Supervision, Enforcement, and Fair Lending is taking action against sloppy servicing practices that cause consumer harm, such as unfair practices that may occur when add-on products terminate

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Due to its size and impact on Americans’ everyday lives, we are closely monitoring auto lending

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0 Categories : At the CFPB, Auto loans, CFPB

This week we partnered with other agencies to ensure that American servicemembers enjoy the full protections of federal law

See the full post at consumerfinance.gov