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The F&I Newsletter

 

Stories that appeared in our weekly F&I Report Newsletter

 
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JIM HENRY
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Is CFPB guilty of spin?

12:01 am U.S. ET | Aug. 27

Remarks delivered by Consumer Financial Protection Bureau Director Richard Cordray and language used in a bureau statement last week were a lot harsher than the dry legalese of the consent order signed this month by the CFPB and First Investors Financial Services Group.
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Is rise in Q2 loan delinquencies a turning point?
12:01 am U.S. ET | Aug. 27

Industry-watchers insist that today's auto loan delinquency rates are low by historical standards. But a slight uptick in 30- and 60-day delinquencies in the second quart ...
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F&I departments need a farm team
12:01 am U.S. ET | Aug. 27

The term “succession planning” is usually applied to dealer principals, but it can apply to F&I managers, too. Executives at two dealerships say store manager ...
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'No evidence' of subprime auto loan bubble, Equifax economist says
12:01 am U.S. ET | Aug. 27

Equifax has joined other financial data crunching firms that dispute there's an alarming subprime auto loan bubble that's about to burst. ...
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The incentives debate: Who's being 'stupid'?
12:01 am U.S. ET | Aug. 25

Some big rivals dismiss American Honda sales boss John Mendel's grim warning that extended loan terms and other strategies being employed by competitors hurt resale value ...
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Hyundai owner wins attorney fees in ruling
12:01 am U.S. ET | Aug. 25

A Hyundai Santa Fe owner who won a lemon law suit against Hyundai Motor America is entitled to attorney fees for the time his lawyer spent to cancel third-party contracts ...
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