California recently enacted Senate Bill 1311, the Military and Veteran Consumer Protection Act of 2022, with the stated intent of strengthening the state's military consumer protection laws by enhancing protections for...more
12/5/2022
/ Automotive Loans ,
California ,
Consumer Contracts ,
Consumer Financial Products ,
Consumer Lenders ,
Financial Services Industry ,
Financial Transactions ,
Military Lending Act ,
Military Service Members ,
Motor Vehicles ,
New Legislation ,
Regulatory Reform ,
UDAAP ,
Veterans
Voluntary protection products like credit insurance, debt protection, GAP, service contracts and motor clubs, have gained increased attention by state and federal regulators overseeing the consumer finance industry....more
Over the last decade, as more and more states have enacted laws governing guaranteed automobile protection products, compliance with state GAP laws has been a regular topic of discussion between consumer financial services...more
In response to the COVID-19 pandemic, creditors across the country continue to strive to balance business continuity challenges and servicing immediate consumer financial needs with public safety. Many creditors have begun...more
5/12/2020
/ Business Continuity Plans ,
Car Dealerships ,
Consumer Financial Products ,
Consumer Protection Laws ,
Coronavirus/COVID-19 ,
Creditors ,
Deferred Action ,
Executive Orders ,
Forbearance Agreements ,
Loan Modifications ,
Moratorium ,
Relief Measures ,
Risk Mitigation
In response to the COVID-19 pandemic, creditors across the country are working to balance their business operations and servicing immediate consumer financial needs with public safety. Some creditors have begun offering...more
4/14/2020
/ Consumer Financial Products ,
Coronavirus/COVID-19 ,
Creditors ,
Deferred Payment Products ,
Executive Orders ,
Forbearance Agreements ,
Relief Measures ,
Repossess ,
Risk Assessment ,
Unfair or Deceptive Trade Practices ,
Volunteers