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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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Delinquency uptick on target, analysts say

11:30 am U.S. ET | Nov. 26

Analysts have been predicting for the past two years or so that auto loan delinquencies would grow, but the numbers are only now starting to catch up with the forecasts.
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JIM HENRY
Military ends paycheck deductions for car loans
12:01 am U.S. ET | Nov. 26

The Department of Defense last week made it impossible for service members to use the reliable but old-fashioned military allotment system to make auto loan payments -- a ...
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VW Credit, Lincoln Financial tops in consumer satisfaction; captives sweep financing study
11:30 am U.S. ET | Nov. 26

Website enhancements and a consumer invoice redesign paid off for Volkswagen Credit, which ranked tops among mass-market lenders in the J.D. Power 2014 U.S. Consumer Fina ...
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Mich. store faces trial in suit over negative equity
11:30 am U.S. ET | Nov. 26

A Michigan Chrysler-Dodge store violated state law by failing to itemize a customer’s negative equity on new-car loan documents. It also breached its lender agreeme ...
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More subprime lenders are on the hot seat
11:30 am U.S. ET | Nov. 26

Three regulatory agencies -- two in New York and the Consumer Financial Protection Bureau in Washington -- have taken distinct actions recently against three different su ...
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U.S. auto loan originations at highest level in 9 years, N.Y. Fed says
6:14 pm U.S. ET | Nov. 25

Americans took out the most auto loans in nine years during the third quarter, according to the Federal Reserve Bank of New York's quarterly Household Debt and Credit Rep ...
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