To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...

Fifth Third Bank, which has branches in Michigan and 11 other states, wrongly triggered some 1,000 auto repossessions by charging extra fees for insurance coverage that duplicated what the driver ...

On August 2, the CFPB filed a lawsuit in Georgia federal court against an auto-loan servicer alleging that the company engaged in various illegal practices that harmed consumers with auto loans. The ...

Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...

The Consumer Financial Protection Bureau said it has told at least one auto lender to stop keeping excess amounts collected from borrowers on transactions in which a dealership inflated a vehicle's ...