Auto Finance Receivables Archives - Page 2 of 29

December 2, 2020 by Katie Grzechnik Neill in Auto Finance Receivables

CFPB's Latest Report Focuses on Actual Payment Information in Credit Reports

The Consumer Financial Protection Bureau's (CFPB or Bureau) recent shift of focus to credit reporting practices has been apparent, especially in light of COVID-19 and the additional protections afforded to...

April 8, 2020 by Katie Grzechnik Neill in Auto Finance Receivables

DC Prohibits Outbound Collection Efforts Amid COVID-19

Editor's Note: For all related insideARM articles and other information, please check insideARM's COVID-19 Impact resources page. -- Washington, D.C. becomes the latest jurisdiction to ban outbound collection efforts during the pending coronavirus pandemic....

April 6, 2020 by Katie Grzechnik Neill in Auto Finance Receivables

Massachusetts Releases FAQs About Its COVID-19 Guidance

Editor's Note: For all related insideARM articles and other information, please check insideARM's COVID-19 Impact resources page. -- A week ago—although it feels like its been an eternity—the Massachusetts Attorney General (AG) adopted emergency...

March 13, 2019 by Katie Grzechnik Neill in Auto Finance Receivables

Three Lessons for Debt Collectors from the CFPB’s Latest Supervisory Highlights: Amount Owed Accuracy, Disclosures, And Payment Dates

Yesterday, the Consumer Financial Protection Bureau (CFPB or Bureau) announced the release of its latest edition of Supervisory Highlights (which, according to the CFPB’s website, was published on February 28,...

November 20, 2018 by Katie Grzechnik Neill in Auto Finance Receivables

New York Fed Report Shows Decline in Collection Accounts... Or Does It?

On November 16, 2018, the Federal Reserve Bank of New York (New York Fed) released its quarterly household debt and credit report. The report used a nationally representative sample of...

March 5, 2018 in Auto Finance Receivables

TransUnion Report Reveals Current Consumer Credit Trends, Including 20.3 Million More Accounts

Last week TransUnion released its Q4 2017 Industry Insights Report on the consumer credit market, revealing increased access to loans (for some), greater usage and relatively low delinquency. Read the...

June 23, 2017 by Tim Bauer in Auto Finance Receivables

Breaking: 2nd Circuit Says TCPA Consent Not Revocable if Part of Contract

Yesterday the Second Circuit Court of Appeals issued a groundbreaking opinion in a Telephone Consumer Protection Act (TCPA) case regarding revocation of consent. The case is Reyes, Jr. v. Lincoln...

May 17, 2017 in Auto Finance Receivables

TransUnion Finds Struggling Consumers Pay Off Unsecured Personal Loans First

A new study from TransUnion has revealed that when faced with the choice of which debts to pay, consumers in financial distress are choosing to prioritize unsecured personal loans ahead...

April 6, 2016 in Auto Finance Receivables

New Accounts Receivable Management Provider Combines a History of Strong Revenue Performance with a Meticulous Focus on Compliance and Consumer Relationships

ROUND ROCK, Texas ― Waypoint Resource Group, an outsourcing provider of key accounts receivable management (ARM) services, today announced its official launch, along with a suite of solutions focused on improving credit...

October 29, 2015 in Auto Finance Receivables

CFPB Fines Auto Loan Company $3.28 Million For Illegal Debt Collection Tactics

The Consumer Financial Protection Bureau (CFPB) announced yesterday that it has filed an administrative order against Security National Automotive Acceptance Company (SNAAC), an auto lender specializing in loans to servicemembers,...

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