ELGIN, Ill. (NewsNation) — Big banks are putting the brakes on car dealerships, pulling back on lending, wreaking havoc across the auto industry and sending mom-and-pop shops into a tailspin. At the car dealership, it’s the bank that typically owns the cars. But now, financiers are pulling out, forcing dealerships to put up the cash, making it especially challenging for small shops.
The Federal Trade Commission is sending 41,934 checks, totaling more than $1.1 million, to consumers who were charged for deceptive “free trial” offers for tooth whiteners and other products by RevMountain, LLC; Anasazi Management Partners; and 59 related corporate defendants.
It’s a busy week for accounts receivable management (ARM) industry issues on Capitol Hill. First, the House Financial Services Committee will hold a markup on proposed reform measures for the Consumer Financial Protection Bureau on Wednesday, April 26, among other legislation.
EXTON, Pa., April 25, 2023 /PRNewswire/ -- In 2022, Citadel's assets increased from $4.6 billion to $5.6 billion—a record-breaking 20.1 percent increase. During the year, Citadel continued to have strong deposit growth at 15.7 percent over 2021.
Credit Union Leasing of America (CULA) has been selected by Dort Financial Credit Union to launch its indirect vehicle leasing program, further extending CULA’s reach into Michigan, which is historically one of the highest vehicle-leasing states.
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