Today the President signed into law a bipartisan Congressional resolution disapproving a rule that was in the form of guidance issued by the Bureau of Consumer Financial Protection (Bureau) about indirect auto lender compliance with the Equal Credit Opportunity Act (ECOA) and its implementing regulation.
Bureau of Consumer Financial Protection Announces Settlement With Wells Fargo For Auto-Loan Administration and Mortgage Practices
Coordinated Action with Office of the Comptroller of the Currency Requires Bank to Reimburse Affected Borrowers and Pay $1 Billion Fine
9 problemas financieros comunes después de un desastre natural y lo que puede hacer para enfrentarlos
Asistencia para aquellas personas que tienen dificultades financieras
luego de un desastre natural, incluyendo información acerca de cómo obtener
ayuda y de cómo trabajar con bancos y prestamistas para solucionar sus
Help for people struggling financially after a natural disaster, including information on how to get help and ways to work with banks and lenders.
Use our resources to make more informed decisions when taking out loans.
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.