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The Consumer Financial Protection Bureau dropped out of a case alleging one of the country’s largest subprime auto lenders ...
The Consumer Financial Protection Bureau's exit from a suit jointly filed with the New York attorney general's office narrows ...
Immediately drawing applause from the American Financial Services Association, Credit Acceptance announced late on Thursday ...
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Warning as hidden debt trap that predicted 2008's Great Recession hits a 27-month record ...A financial warning light is flashing again as consumers turn to a risky loan that contributed to the 2008 Great Recession.
CarMax Auto Finance is worth considering if you're ... the average new car loan rate for deep subprime borrowers (scores of 300 to 500) is 14.78% and 12.28% for subprime borrowers (501 to 600).
Vroom's flawed model led to Chapter 11, and ongoing losses and high risks make it an investment to avoid. Read here for an analysis of VRMMQ stock.
Delinquencies and losses were higher year over year in March across securitized prime and nonprime auto loans, while issuance ...
The CFPB is withdrawing from a lawsuit against subprime lender Credit Acceptance Corp. that it filed alongside the New York ...
The FCA’s response to the automotive mis-selling scandal could have wider implications for the industry as a whole ...
CarMax and Toyota both increased and tightened prime auto loan ABS trades on Thursday as the primary market got back in full swing after an uncharacteristically dormant month. Amid improving sentiment ...
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