Fifth Third Bank faces $20 million in fines after the Consumer Financial Protection Bureau issued an order today alleging the lender engaged in illegal activity related...
The Consumer Financial Protection Bureau is closely examining auto loan payments, as well as servicing practices in auto and student loans, to ensure that procedures are...
While the Consumer Financial Protection Bureau’s stated reason for its latest initiative to create a consolidated registry of lender violations is to deter repeat offenders, the...
Lenders, dealers and aftermarket suppliers face increased regulatory oversight that will require collaboration to streamline processes and remain compliant. Financial and insurance (F&I) products represent approximately...
Buy now, pay later Lenders such as Block Inc.’s Afterpay, Affirm Holdings Inc. and Klarna Bank AB should be treated somewhat like credit card providers, according...
