Recent stress in the auto finance space is raising early red flags for US consumer credit. While consumer spending has remained strong, especially in durable goods like autos, it may decelerate going ...
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The Consumer Financial Protection Bureau wants to cut oversight of auto lenders — particularly those serving subprime borrowers — at a time when auto loan delinquencies are hitting new highs.
Continuing our episodes of the Auto Remarketing Podcast recorded during the Vehicle Finance Conference hosted by the American Financial Services Association in Las Vegas, senior editor Nick Zulovich ...
In most cases, those affected by the mis-selling of car finance will not have to contact their lender; the FCA’s compensation ...
Sometimes, the fraud involves manipulating a credit file to make the borrower appear less of a risk. It's a term called 'credit washing.' Fraud losses in auto loans were 21 times higher than those ...
SaaS-based cloud offering enables the FIS Asset Finance platform to support a wide spectrum of commercial, retail and wholesale finance operations globally. The solution now additionally includes US ...