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 created to protect drivers who use indirect auto loans financed through a dealership, which are backed by banks. In March...
April 11, 2018
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 created to protect drivers who use indirect auto loans financed through a dealership, which are backed by banks. In March 2013, the CFPB put limits on loan markups and compensation […]
