Blog Archive

Data, research, and reports

Published JUN 27, 2016

Many consumers face challenges in understanding auto financing, says new CFPB report

Since auto loans are a part of the financial lives of so many consumers, we wanted to learn more about their experiences and challenges in navigating the...

By Irene Skricki

Info for consumers

Published JUN 16, 2016

Arm yourself with knowledge when shopping for an auto loan

When it comes to financing an auto loan, servicemembers should be armed with knowledge about loan choices and what can be negotiated, and should take...

By Holly Petraeus

Info for consumers

Published JUN 14, 2016

3 things you should consider before co-signing for an auto loan

If you co-sign an auto loan, you will be responsible for making payments if the primary borrower can't pay. It could affect your future access to credit and...

By Stacy Canan

Info for consumers

Published JUN 09, 2016

YOU drive the terms of your auto loan

Take control of your auto loan process. Explore our new auto loan resources and keep these 6 tips in mind.

By Irene Skricki

At the CFPB

Published MAY 25, 2016

Save the date: Join us for a Consumer Advisory Board meeting in Little Rock, Ark.

Join the CFPB's Consumer Advisory Board for a meeting with Director Cordray where we will discuss an auto lending education initiative, trends and themes...

By Delicia Hand

At the CFPB Info for consumers

Published MAR 25, 2016

You have the right to someone in your financial corner

Harry noticed that his son Ari, a servicemember, was struggling with his car loan, so he reached out to the Bureau. His story led to our investigation into...

By Gene Koo

Policy and compliance

Published NOV 20, 2015

Fall 2015 rulemaking agenda

An important part of the CFPB's mandate from Congress is to make rules governing consumer finance markets more effective and to create new rules when...

By Kelly Cochran

Info for consumers Policy and compliance

Published JUN 15, 2015

Ally settlement administrator will contact eligible borrowers soon

We found that between April 2011 and December 2013, Ally's markup policy resulted in African-American, Hispanic, Asian and Pacific Islander borrowers paying...

By Patrice Alexander Ficklin

Data, research, and reports

Published APR 28, 2015

We’re making progress toward ensuring fair access to credit

We're releasing our third annual Fair Lending Report, which details the important strides we have taken over the last year to protect consumers from credit...

By Patrice Alexander Ficklin

At the CFPB

Published SEP 18, 2014

Live from Indianapolis!

Today, we held a field hearing on auto finance in Indianapolis, Indiana. The event featured remarks from Director Richard Cordray, as well as testimony from...

Info for consumers

Published SEP 16, 2014

Protecting servicemembers from predatory auto loans: Harry and Ari’s story

We were glad to be there for Harry and Ari – they shared their story with us and got the help they needed.

By Ashley Gordon

At the CFPB

Published AUG 28, 2014

Updated: Save the date, Indianapolis!

Join us for a field hearing in Indianapolis, Indiana on auto finance. The hearing will take place on Thursday, September 18 at 11 a.m. EDT and will feature...

By Zixta Q Martinez

At the CFPB

Published NOV 14, 2013

Live from the CFPB!

Today, we held a forum on auto finance here at the CFPB. The forum featured remarks from CFPB Director Richard Cordray as well as panel discussions with...

At the CFPB

Published NOV 04, 2013

Save the date, Washington DC!

Join us for an auto finance forum at CFPB headquarters, located at 1700 G Street NW, Washington, D.C. The forum will take place on Thursday, November 14 at...

By Zixta Q Martinez

Policy and compliance

Published NOV 04, 2013

Preventing illegal discrimination in auto lending

Every year, millions of American families buy a car – and it will be one of the most significant purchases they make. One key priority for us is protecting...

By Patrice Alexander Ficklin

Info for consumers

Published MAR 21, 2013

Buying a car? Here’s what you need to know

Today we announced how lenders can take steps to prevent discrimination in auto lending, but there are also steps that every consumer can take to make it...

By Patrice Alexander Ficklin and Gail Hillebrand

Info for consumers

Published MAR 12, 2012

Who is going to help with your complaint about an auto or installment loan?

We recently launched the first phase of a new system to help consumers who have problems with auto loans and other types of installment loans, such as loans...

By Sartaj Alag