Perhaps this proposal from the Consumer Financial Protection Bureau (CFPB) is an idea that everyone can support. The bureau on Tuesday proposed a rule that it said will rein in data brokers that sell Americans’ sensitive personal and financial information. ... [Read More]

Perhaps consumers are thankful for more than just the tasty Thanksgiving turkey and navigating through awkward family conversations around the dinner table. Insight from both the Conference Board and Comerica Bank pointed toward trends that might benefit dealerships and finance ... [Read More]

Executives inside and outside of automotive who might already be skeptical of what happens in Washington, D.C., probably aren’t surprised a major federal agency conducted a closed-door meeting. But the Federal Trade Commission acknowledged that it orchestrated one last week ... [Read More]

Xcelerate Auto, a Texas-based provider of electric vehicle leasing, financing and warranty solutions, recently introduced a new payment option for its XCare EV Protection plan. Through an exclusive partnership with Service Payment Plan (SPP), Xcelerate now can enable customers to ... [Read More]

On Thursday, Open Lending Corp. released a Near- and Non-Prime Consumer Brief, the latest installment in its quarterly series of data reports on vehicle registrations. Despite continued challenges in the vehicle market, the report highlighted new-vehicle registrations have risen and ... [Read More]

Beyond the rankings of finance companies for how they met consumer expectations, a focal point of the J.D. Power 2024 U.S. Consumer Financing Satisfaction Study was what analysts classified as “financially vulnerable.” J.D. Power measures the financial health of any ... [Read More]

Both Equifax and TransUnion discussed delinquency in auto finance this week, with one of the credit bureaus highlighting the rate associated with subprime used-car paper booked less than a year ago. TransUnion indicated that serious consumer-level delinquency rates — contracts ... [Read More]