Six-Year Auto Loans Carry Higher Costs and Higher Default Rates than Five-Year Auto Loans
CFPB Supervision Recovers $14 Million in First Half of 2017 for Over 100,000 Consumers Harmed by Illegal Practices
Bureau Supervision Requires Some Companies to Change Practices to Prevent Future Violations
If you are behind on your auto loan payments, it’s important to take steps to reduce the chance of falling further behind.
Auto Loan Company Failed to Provide Redress For Illegal Collection Tactics
We recently published our Consumer Response Annual Report, which provides an overview of the complaints we received in 2016.
Web-based Tool Will Deliver Regular Updates on Consumer Lending Markets
On behalf of the Consumer Financial Protection Bureau, let me welcome all of you and say that we much appreciate this opportunity to discuss consumer financial markets with so many leading scholars in the field. As you share your perspectives and expertise with us, they will inform our efforts to empower and protect consumers. We look forward to having your insights.
CFPB Finds Qualified Students Were Blocked From Affordable Loan Repayment Plans; Updates Student Loan Servicing Exam Procedures
CFPB Sues Five Arizona Title Lenders for Failing to Disclose Loan Annual Percentage Rate to Consumers
Bureau Alleges Lenders Did Not List Required Annual Percentage Rate in Online Loan Advertisements
Having access to a vehicle can be a lifeline for you and your family if you have limited resources. Before choosing an auto loan, learn four ways you can protect yourself from an auto loan you can’t afford.