A bill aimed at restricting the practices of buy-here, pay-here dealers in Oregon is off the legislative agenda following an effort by the NIADA to educate lawmakers about the legislation’s potential harmful effects on consumers.
The NIADA, its newly-formed BHPH Commission and Oregon’s independent dealer association are tackling legislation the industry believes could damage the ability of high-risk consumers to purchase cars in the state.
The California state Legislature has sent three buy-here, pay-here bills to Gov. Jerry Brown’s office. He has until Sept. 30 to sign the measures into law.
One of three California bills aimed at adding new requirements for the state's buy-here, pay-here dealers is awaiting final approval before heading to Governor Jerry Brown's office.
Three Calif. bills that aim to regulate buy-here, pay-here dealers passed through their respective houses of origin this week, beating a key June 1 deadline.
The clock it ticking on the three bills aimed at regulating the state’s buy-here, pay-here dealers, which have until this Friday to gain passage before the end of the current legislative session.
In a recent blog post on the Consumer Financial Protection Bureau (CFPB) website, the Assistant Director for the Office of Fair Lending and Equal Opportunity said the agency will be paying more attention to non-mortgage loans, and specifically called out auto loans.
Legislation aimed at setting new restrictions for the state’s buy here, pay here (BHPH) dealers cleared its first hurdle yesterday.
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