Auto Finance Rules Under Review by Consumer Financial Protection Bureau
August 08, 2025
August 08, 2025
WASHINGTON, Aug. 8 (TNSFR) -- The Consumer Financial Protection Bureau is exploring a change to a rule that determines which auto lenders fall under its supervision.
The bureau is concerned that its current standard, set a decade ago, may be outdated and could be placing an undue burden on smaller lenders.
The current rule defines a large participant in the auto financing market as any lender with at least 10,000 aggregate annual originations. This threshold currently i . . .
The bureau is concerned that its current standard, set a decade ago, may be outdated and could be placing an undue burden on smaller lenders.
The current rule defines a large participant in the auto financing market as any lender with at least 10,000 aggregate annual originations. This threshold currently i . . .