auto lending

CFPB Targets Wrongful Car Repossessions and Service Fees
CFPB Targets Wrongful Car Repossessions and Service Fees
October 07, 2024  |  CFPB

The Consumer Finance Protection Bureau (CFPB) says it’s taking action against improper automobile repossessions. The regulator on Monday (Oct. 7) released findings in its investigation...

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Santander Aims to Double Business in US Investment Banking
Santander Aims to Double Business in US Investment Banking
November 09, 2023  |  Banking

Santander, Spain’s largest bank, is set to expand its corporate banking presence in the United States. Speaking Thursday (Nov. 9) at the Reuters NEXT conference in...

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JPMorgan Moves Forward With Blockchain Vehicle Tracking System
JPMorgan Moves Forward With Blockchain Vehicle Tracking System
November 25, 2019  |  B2B Payments

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto...

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Auto Sub-Prime Loans Reach Lowest Level In 11 Years
Auto Sub-Prime Loans Reach Lowest Level In 11 Years
December 07, 2018  |  Loans

A new report has revealed that auto sub-prime loans have reached their lowest level in 11 years. According to Experian’s Q3 2018 State of the...

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OCC Unhappy With Wells’ Response To Auto Lending Scandal
OCC Unhappy With Wells’ Response To Auto Lending Scandal
October 04, 2018  |  Regulation

The Office of the Comptroller of the Currency (OCC) isn’t satisfied with the progress Wells Fargo has made in reimbursing customers who might have been...

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America’s Daunting Debt Picture
America’s Daunting Debt Picture
May 22, 2018  |  Alternative Finances

There is much to like in the current economic snapshot of the U.S. The overall unemployment rate has slipped below 4 percent — the lowest...

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Consumer Groups Call Auto Lending Repeal ‘Dangerous Precedent’
Consumer Groups Call Auto Lending Repeal ‘Dangerous Precedent’
April 17, 2018  |  CFPB

Consumer groups are speaking out against a Senate measure that would overturn the Consumer Financial Protection Bureau’s auto lending regulation. According to American Banker, the...

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Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
Senate Banking Committee To Repeal CFPB’s Auto Lending Rules
April 11, 2018  |  CFPB

The U.S. Senate Banking Committee is planning to repeal the Consumer Financial Protection Bureau’s (CFPB) indirect auto lending and leveraged lending rules. The rules were...

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TD Auto Finance: Expands Auto Financing Nationwide
TD Auto Finance: Expands Auto Financing Nationwide
March 15, 2018  |  Loans

TD Bank Auto Finance (TDAF) announced that it will start providing commercial loans to automotive dealerships around the country. TDAF is expanding its Commercial Financial...

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