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Finance & Insurance
25 posts
CFPB seeks comment on larger participant auto finance rule
The Consumer Financial Protection Bureau is seeking public comment on raising the threshold for classifying companies as “larger…
FTC drops complaint against dealer to comply with disparate impact order
The Federal Trade Commission has dropped its claims of discrimination against three Texas car dealerships to comply with…
Report shows how end of student loan relief reshapes auto lending
As student loan delinquencies reappear on credit reports, millions of consumers are being reclassified as subprime, despite staying…
Fed pauses rate cuts
The Federal Open Market Committee pressed pause on cutting interest rates Wednesday. After cutting rates more than 100…
Average used vehicle loan drops according to Experian
The average used vehicle loan dropped in the third quarter of 2024 from the same period in 2023.…
Fed cuts interest rates for third straight meeting
The Federal Open Market Committee cut interest rates another quarter of a point Wednesday, lowering the federal target…
Report shows financial well-being of families falls
The overall financial well-being of U.S. families fell in 2023, with 43 percent of households having difficulty paying…
Federal Reserve announces another rate cut
The Federal Open Market Committee delivered a cut to interest rate for a second straight meeting Thursday. The…
The 3 Cs of renewing credit
With the tightening economy, many independent dealers are finding it increasingly difficult to secure additional capital. Before dealers…
CFPB issues rule on personal financial data rights
The Consumer Financial Protection Bureau this week announced its final personal financial data rights rule. The rule will…