Florida credit union changes gears after dealer complaints.
It didn’t take long to hear the buzz when the Consumer Financial Protection Bureau reminded indirect lenders that they must comply with certain regulations to ensure that they are not discriminating against minorities when marking up interest rates.
NADA, NAMAD say bureau is relying on statistical analysis of past transactions, not intentional conduct.
CUDL will be representing its more than 900 partnering credit unions at the National Automobile Dealers Association Convention for the eighth consecutive year. The convention will take place Feb. 5 to 7 at the Moscone Convention Center in San Francisco.