CFPB is Facing Hurdles on Auto ‘F&I’ Regulation

It’s clear the Consumer Financial Protection Bureau (CFPB) would like to increase regulation in the auto industry of what it calls “add-on” F&I products such as extended-service contracts and GAP. But, according to Automotive News, it’s less clear whether the bureau can find the legal grounds to do it, according to former CFPB assistant director […]