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CFPB Examination Procedures Auto Finance

CFPB Examination Procedures Auto Finance

files.consumerfinance.gov

market for consumers. While the auto financing market is largely made up of purchase loans, in recent years, consumers have begun to migrate more towards leasing agreements. Unlike the purchase of a vehicle, the consumer does not actually own the vehicle with a lien against a title. Instead, the consumer makes payments for the lease term.

  Loan, Auto, Lease, Financing, Auto financing

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