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Wolters Kluwer Financial Services is offering dealers, lenders and F&I service providers a number of solutions to help them comply with the new federal Risk-Based Pricing Rule.
Read More →It might seem like just another regulation targeting dealer-arranged financing, but the editor believes the Risk-Based Pricing Rule might be the kind of icebreaker F&I managers have been seeking all along.
Read More →700Credit LLC, a provider of credit reporting and compliance products and services, has launched a solution to help dealers comply with the new Risk-Based Pricing Rule, which went into effect on Saturday, Jan. 1.
Read More →Consumer credit increased at an annual rate of 1.1 percent, or $2.1 billion, in September, according to the Federal Reserve’s monthly report.
Read More →Consumer credit decreased at an annual rate of 1.7 percent in August, according to the Federal Reserve’s monthly report.
Read More →Borrowing among U.S. consumers fell for the fourth straight month in May, dipping by 4.5 percent, according to the Federal Reserve.
Read More →Consumer credit increased at an annual rate of 0.5 percent in April, according to the Federal Reserve’s monthly report.
Read More →The United States Senate demonstrated bipartisan support for auto dealers on Monday, voting 60-30 to approve a “motion to instruct” lawmakers to include the Brownback Amendment in future versions of the financial regulation bill.
Read More →Consumer credit rebounded in March to an annual rate of 1 percent after it decreased in February to an annual rate of 3 percent, according to the Federal Reserve’s monthly report.
Read More →Fueled by more favorable pricing and credit terms, eight of the 12 federal districts in the Federal Reserve’s Beige Book reported improved vehicle sales in March.
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