CFPB Wants To Change How Interest Rates Determined On Auto Loans
This week, CFPB Director Richard Cordray expressed concern over the way interest rates are determined on auto loans. The post CFPB Wants To Change How Interest Rates Determined On Auto Loans appeared...
View ArticleHousehold Debt Sees Biggest Jump In Years [REPORT]
The Fed's Quarterly Report on Household Debt and Credit shows an increase in consumer debt of $241 billion in the fourth quarter of 2013.The post Household Debt Sees Biggest Jump In Years [REPORT]...
View ArticleIndirect Auto Financing Company Alters Caller ID to Pose as Repo Company,...
The CFPB says indirect auto financing company Westlake Services, LLC, and its subsidiary, Wilshire Consumer Credit, LLC, took advantage of borrower fears by posing as representatives of repo companies,...
View ArticleShould You Buy a Car With Subprime Credit?
Lenders are getting more lax about extending auto loans to subprime borrowers these days. But just because you can buy a car with subprime credit doesn’t mean you should. Though overall auto loan...
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