Automakers are looking for ways to protect themselves from defaults as Canada's auto loan delinquency rate rises. Ford Motor Company has recently taken steps to ensure that their vehicles remain in ...

Tight household budgets are pushing drivers toward financial strain.

On February 28, 2022, the CFPB released a Compliance Bulletin and policy guidance entitled “Mitigating Harm from Repossession of Automobiles.” In its bulletin, the CFPB sets forth the objective of ...

The Consumer Financial Protection Bureau used strong language in a news release Monday upon issuing a compliance bulletin on vehicle repossessions. The CFPB said it is “moving to thwart illegal ...