auto loan

Ford To Use Machine Learning To Assess Credit Risk

Ford To Use Machine Learning To Assess Credit Risk
Ford To Use Machine Learning To Assess Credit Risk
August 28, 2017  |  Loans

ƒFord Motor Credit Co. the financing arm of the vehicle manufacturer, announced Friday (Aug. 25) that it will implement machine learning credit approval models to...

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Americans’ Debt Level Hits New High
Americans’ Debt Level Hits New High
August 16, 2017  |  Debt

America’s debt level hit another record high in the second quarter, after having surpassed its pre-crisis peak earlier in the year. Get the Full Story...

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FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
FTC Sends Out Checks To Consumers Affected By Auto Loan Modification Scheme
June 16, 2017  |  Fraud Prevention

The Federal Trade Commission (FTC) announced news that it is mailing 288 checks totaling more than $109,000 to victims of an auto loan modification scam. Get...

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Santander To Pay $25M To Resolve Auto Loan Allegations
Santander To Pay $25M To Resolve Auto Loan Allegations
March 30, 2017  |  Legal

Santander Consumer USA Holdings Inc, a unit of Spain’s Banco Santander, will pay nearly $25 million to two U.S. states — $22 million to Massachusetts and...

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CFPB, DOJ And Toyota Settle Over Discriminatory Dealer Pricing
CFPB, DOJ And Toyota Settle Over Discriminatory Dealer Pricing
February 03, 2016  |  Regulation

The dealer reserve — the process by which auto dealers who act as middlemen in auto lending add to the interest rate assessed by the loan...

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The CFPB’s War On Car Loans
The CFPB’s War On Car Loans
August 04, 2015  |  Alternative Finances

Most Americans need a car. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

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