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Tag Archives: auto lending practices
CFPB Scoffs at NADA FOIA Request on Auto Lending
The Consumer Financial Protection Bureau, aka CFPB, has rejected a Freedom of Information Act – FOIA – request by the National Automobile Dealers Association to release a memorandum that NADA alleges shows that the agency is seeking to exercise jurisdiction over auto dealers financing, which is prohibited under the Wall Street Reform and Consumer Protection Act of 2010, also called Dodd-Frank. Continue reading
Posted in customer satisfaction, litigation
Tagged auto lending practices, auto loan abuses, autoinformed, autoinformed.com, cfpb, Ken Zino, nada
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