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Santander Settles CFPB Charges for $11.8M

Santander Consumer USA Inc. will pay $11.8 million to settle charges related to the sale of its...

Santander Consumer USA has agreed to pay $9.29 million in restitution and $2.5 million in fines to settle claims leveled by the U.S. Consumer Financial Protection Bureau over the finance source’s GAP and interest-only payments programs.

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How to Read a Credit Report

How to Read a Credit Report

Expert offers a crash course in the purpose and structure of credit reports for F&I professionals who need to make good decisions without slowing or disrupting the delivery.

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Survey: Many Dealers Unaware of NCFC Tax Concerns

Many affected dealers remain unaware of the implications of the Trump tax cuts on NCFC-style...

A survey commissioned by Protective Asset Protection shows many dealer principals are unaware of how the Trump tax cuts may affect participation program selection, particularly for noncontrolled foreign corporations.

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Drive Motors Adds Former Dealer.Com Exec to Leadership Team

Chris Gugliotta, a former executive with Dealer.com and Lithia Motors, has joined the startup as head of strategic partnerships. He will be responsible for leveraging Driver Motors’ digital retailing tools for the industry’s largest finance sources and vehicle OEMs.