WebMar 16, 2024 · The CFPB will examine for discrimination in all consumer finance markets, including credit, servicing, collections, consumer reporting, payments, remittances, and … WebMay 9, 2024 · The House voted Tuesday to roll back CFPB guidance issued in 2013, which was intended to limit discrimination in the car loan industry. The vote could lead to further repeals of federal regulations.
Trump just killed safeguards that stop auto loan …
WebThe auto loan market is incredibly important, and yet it’s opaque to regulators and researchers. Auto loans are the most widely used form of installment credit by U.S. households (>100 million borrowers) Market is less regulated and less transparent than other consumer credit markets May reduce the cost of discriminatory practices Web1 day ago · Loans borrowed to in part finance a car purchase aren’t governed by the Military Lending Act, even when the loan covers additional costs, the Fourth Circuit found, affirming a trial court’s dismissal. The Military Lending Act forces a lot of restrictions on consumer loans issued to active duty ... hill + knowlton norge
Military Auto Loan Case Becomes Dictionary Debate in 4th Circuit
WebMay 9, 2024 · Just this year, the National Fair Housing Alliance, a collection of organizations that fight against housing and other types of lending discrimination, launched an investigation into the auto... WebAug 25, 2024 · The Fair Housing Act (FHA) outlawed discrimination in real estate, including for mortgage borrowers. 9 Initially banning discrimination based on race, religion, national origin, and sex, the... WebGetting a new car or auto loan affects your overall money picture. Whether you’re a first-time borrower or a pro, seeing what questions to ask and steps to take can help you avoid common pitfalls, so you can drive off the lot … hill 05dm