Tom Hudson
Contributor
ADT Magazine
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Failing to recognize the difference between a loan and a retail installment contract led to a costly violation of the Georgia Motor Vehicle Act.
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Hudson plays Chicken Little as two New York dealers face the wrath of allegedly overcharged customers.
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Dealers in Oregon are facing a class-action lawsuit that describes dealer participation as a kickback scheme.
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Dealers who maintain records documenting their compliance efforts are better equipped to respond to regulatory inquests.
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The Consumer Financial Protection Bureau is taking baby steps toward financial literacy, but it remains far from the head of the class.
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A lawsuit against a Georgia dealership claims a disagreement over a trade-in led to a misguided attempt at blackmail.
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In response to rumors that President-elect Donald Trump is preparing to oust the Consumer Financial Protection Bureau's director, the magazine’s legal eagle says he’s the right man for the job.
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The CFPB’s inability to master the basic vocabulary of automotive finance does a disservice to the consumers whose interests it is charged with protecting.
Read More →The CFPB really is following you, and every mistake you make in the showroom and in your advertising can lead to an enforcement action.
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The CFPB has elected to forgo the rulemaking process and rely on enforcement to hammer businesses in the name of consumer protection.
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