Credit and Finance

2016 NADA/ATD Convention & Expo
Full coverage of the 2016 NADA/ATD Convention & Expo in Las Vegas, April 1-3.
Auto Dealer Associations Back Call for the CFPB to Correct Bias Found in Auto Lending Enforcement
Auto Dealers Tell Senators: ‘Wall Street Reform Bill Hurts Consumers, Local Dealerships and Economic Recovery’
More than 100 new-car dealers are in Washington today to take a message directly to their Senators: Over-regulating auto dealers, imposing new fees and other burdens will have “unintended consequences” of curbing access to credit for middle-class families that need to buy a car or truck to get to work. It will also slow the economic recovery.
Automotive Financing FAQs

Americans Well informed on Automobile Retailing Economics Recognizing the need for consumer education, automotive industry leaders have formed AWARE (Americans Well informed on Automobile Retailing Economics), a collaborative industry effort to provide consumers with
Bill to Rescind CFPB Auto Lending 'Guidance' Gains Support in Congress
Bipartisan CFPB Transparency Bill Passes House Overwhelmingly
McLEAN, VA. (Nov. 18, 2015)—Democrats and Republicans joined forces in the U.S. House of Representatives on Wednesday to overwhelmingly pass legislation to protect consumers by bringing transparency and accountability to the Consumer Financial Protection Bureau's (CFPB) regulation of the auto finance market.
Bipartisan House Bill Seeks to Thwart CFPB's Attack on Auto Financing
Broad Industry Coalition Backs Congressional Repeal of Flawed CFPB Guidance
CFPB Auto Lending Forum Raises More Questions than Answers
CFPB FOIA Response (CFPB-2016-012-F)

CFPB Rejects FOIA Request for Memo on ‘Limiting Dealer Discretion’
Commentary: 47-10: Fair Credit and Consumer Competition Wins a Round
Commentary: Auto Credit Must Remain Affordable and Accessible for Car Buyers
Commentary: Congress Won’t Preserve Consumer Discounts Without Your Help
By Bill Fox April 28, 2015 The effort to preserve dealer assisted financing continues with NADA and its valued partners. With the introduction of H.R. 1737, Congress is continuing its bipartisan efforts to rescind the Consumer Financial Protection Bureau’s
Commentary: NADA’s Solution Reduces Fair Credit Risks
Commentary: NADA’s Solution Reduces Fair Credit Risks
The Consumer Financial Protection Bureau (CFPB) and Dealer Assisted FinancingNADA Fair Credit GuidanceBy Forrest McConnell, 2014 NADA Chairman October 2014 When I met with the Automotive Press Association in Detroit earlier this month, I had one goal in mind
Commentary: Navigating the Maze of Federal Regulations
By Bill Fox March 2015 It's clear by now that new car dealers are not just responsible for facilitating the complex transactions of vehicle sales to the American public, but also for complying with numerous federal and
Commentary: New Study Discredits CFPB’s Fair Credit Testing Method
Commentary: Urge Congress to Rescind Flawed CFPB ‘Guidance’ on Auto Finance
Consumer Voices are Centerpiece of NADA Advocacy on Financing
Dealer Associations: CFPB/Honda Consent Order Severely Reduces Consumers’ Ability to Negotiate Lower Auto Loan Rates
Dealer Groups: Fifth Third Settlement Costs Consumers and Ignores Solution
Dealer Reserve is Here to Stay -- and for Good Reason
McLEAN, Va. (March 7, 2005) - ADA Chairman Jack Kain's response to the recent opinion piece by Consumer Federation of America's (CFA) Stephen Brobeck on dealer financing was published in the March 7, 2005 issue of Automotive News.
Dealer-Assisted Financing Benefits Consumers
Most consumers know that vehicle financing is available at their local car dealership. But many don't realize that it usually saves them money.
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