Tag: Loans

crowellNEW.jpg

Business

Don’t let auto dealer markups take you for a ride

CHARLENE CROWELL (NNPA)—The Consumer Financial Protection Bureau recently issued a warning to banks, finance companies and credit unions that they will be held accountable for discrimination in auto lending. In announcing its intention to hold auto lenders accountable for illegal, discriminatory markups, CFPB also published a bulletin detailing ways lenders should incorporate practices designed to honor fair lending laws.