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
When it comes to voluntary protection products, such as guaranteed asset protection, debt cancellation, credit insurance, service contracts, and vehicle protection products, the hottest topic this summer seems to be the...more
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