The Consumer Financial Protection Bureau announced Tuesday (Sept. 12) that recent supervisory actions resulted in $14 million in relief to more than 104,000 consumers from January through June 2017. In a press release detailing the CFPB’s Supervisory Highlights report, the government watchdog said that supervisory...
The Federal Reserve Bank of New York is not quite sounding the alarm bell for auto lenders, but they are certainly trying to draw some attention to the issue. Subprime borrowers, it seems, are having a tough time keeping up with their monthly auto payments, as...
September 13, 2017
The Consumer Financial Protection Bureau announced Tuesday (Sept. 12) that recent supervisory actions resulted in $14 million in relief to more than 104,000 consumers from January through June 2017. In a press release detailing the CFPB’s Supervisory Highlights report, the government watchdog said that supervisory actions included banks that misled consumers about the fees associated […]
December 01, 2016
The Federal Reserve Bank of New York is not quite sounding the alarm bell for auto lenders, but they are certainly trying to draw some attention to the issue. Subprime borrowers,...
