Articles by: Cody Lyon

NADA Dealer Program Seeks to Reduce Potential CFPB Charges

NADA Dealer Program Seeks to Reduce Potential CFPB Charges

A dealer compensation plan unveiled this past January by the National Automobile Dealers Association would have dealers establish a standard wholesale buy-rate markup amount for all customers.

What’s the Secret to Servicing Subprime Auto Loans?

What’s the Secret to Servicing Subprime Auto Loans?

When it comes to servicing prime or subprime loans, lenders say it’s day and night. So, when a lender is thinking about taking the subprime plunge, it’s important to go slow and execute on an implementation plan correctly.

The Importance of Investigating Consumer Disputes

The Importance of Investigating Consumer Disputes

It’s important for creditors to look into consumer disputes or complaints before furnishing credit history information to credit reporting agencies.

5 Strategies for Moving Down the Credit Spectrum

5 Strategies for Moving Down the Credit Spectrum

Maintaining share in this environment is particularly challenging for credit unions, which have historically stuck with prime and super-prime borrowers.