The Consumer Financial Protection Bureau said in its annual report that consumer complaint volume increased 80 percent in 2013, but vehicle loan issues still constitute only a small amount of the overall total. The CFPB indicated this week that overall ... [Read More]

The National Vehicle Leasing Association’s annual conference gets underway today with two tracks of content based on the traditional lease market as well as for attendees interested in venturing into the lease-here, pay-here space. NVLA conference organizers also designated special sessions ... [Read More]

With a new TransUnion survey showing how few consumers check their credit report regularly, Ally Financial is launching a new campaign since Financial Literacy Month starts this week. According to a recent Google Consumer Survey commissioned by TransUnion, about one ... [Read More]

The latest data from Equifax showed the number of subprime auto financing originations climbed for the fifth year in a row, surpassing 7 million contracts for the first time since 2007. Analysts indicated the number of subprime contracts for 2013 ... [Read More]

Building upon its efforts to give consumers increased access to their FICO score and help lenders be more informative about credit scoring, FICO rolled out a new program this week called FICO Custom Credit Education. Through this solution, officials explained ... [Read More]

Prestige Financial Services announced today that it completed its 12th and largest rated term securitization. The company hit the mark by issuing $390 million in securities backed by $396,383,511 in automobile installment receivables. In a transaction led jointly by J.P. ... [Read More]

A former senior vice president of Nicholas Financial is looking to duplicate the same success he enjoyed previously now that he is overseeing a North Carolina-based operation fueled by a merchant banking firm. Douglas Marohn now is chief executive officer ... [Read More]

Bank of the West highlighted management shifts this week since Mark Beecher, executive vice president and head of sales and marketing for the bank’s indirect lending in the automotive, marine and recreational vehicle sectors, will retire on May 1. With ... [Read More]

Compliance obligation management software provider Compli is hosting a free webinar to help companies navigate workplace challenges coming this year. The session titled, “Positioning Your Business for the 2014 Workplace,” is set to include Jean Roque, president and owner of ... [Read More]

Black Book announced today that one of its executives will expand his role to also oversee the company’s lender solutions division to replace Jeff Bunch who left the company earlier this year. Taking on this challenge is Jared Kalfus, Black ... [Read More]