Auto Finance News, the industry’s leading publication, has recently announced a new offering that will turn heads of industry executives and consumers alike: the company has accessed, sorted, and published the information contained in the complaints database of the CFPB (Consumer Financial Protection Bureau).
This allows everyone, from C-level execs at leading banks and lenders to those researching finance companies for their next purchase, to review not only the complaints filed against each of the major auto lenders, but the status of those complaints. The data is published in a highly accessible, sortable database table located here: http://www.autofinancenews.net/cfpb/.
AFN has stated that they will be analyzing the data twice per year. It should come as no surprise that the CFPB was the leading source of news and headlines in 2014, and the bureau’s continued commitment to regulating the industry should only engender more headlines to come this year.