States are Joining the War on Voluntary Protection Products
When it comes to voluntary protection products, such as guaranteed asset protection, debt cancellation, credit insurance, service contracts, and vehicle protection products, the hottest...
The Unhappy Fit of Algorithms with DEI
Algorithms are being targeted especially as they relate to DEI.
The hodge podge of abbreviations has infected commercial discourse and now includes the heralded government...
CFPB: Servicemembers’ Rights in the Spotlight
2021 was a challenging year for most borrowers and financial institutions alike. Despite the stimulus checks and expanded unemployment benefits, many borrowers still found...
Scorching the Earth for the Sake of Equity
Imagine a government agency pursuing an agenda that, in order to correct a perceived problem, it ultimately eliminates that business function. That is the...
Calling His Shots – Acting Director Shares His Vision for Aggressive CFPB
If you’re a baseball fan, you probably know that it’s one of the most disputed stories in all of sports – did Babe Ruth...
What Does a Biden/Harris Administration Mean for Auto Sales and Finance?
So, the general consensus is that a Biden/Harris Administration will mean lots of change for automotive finance. But, exactly what types of change and...
How Automotive Lenders Can Improve their Compliance Framework to Adhere with Automotive Loan Regulations
Many automotive lenders face challenges today associated with maintaining compliance in all facets of their business. Automotive loan compliance requires knowledge of federal regulations...
Compliance Education During the Pandemic
Educational opportunities are one of the primary benefits of membership in the NAF Association. The Consumer Credit Compliance Certification Program introduced over seven years...
Vendor Service Contracts – Not Just Arm’s Length Transactions Anymore
The Consumer Financial Protection Bureau's Compliance Bulletin and Policy Guidance; 2016-02, Service Providers addresses the CFPB's expectation that companies oversee their business relationships with...