Tag Archives: Credit and Finance

Scrutiny over disparity in loan fees at auto dealerships

by Rachel Abrams, New York Times

Dealerships are not required to disclose what percentage of the interest rate goes to them, and consumer advocates and some regulators are concerned that dealers’ ability to decide how much to charge has led to discriminatory lending against minorities. That concern has prompted a number of government investigations into the growing business of auto lending. Read More ›