Lending

Exeter Finance Execs Came from Bank Charged With Predatory Lending — ProPublica

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Exeter Finance Execs Came from Bank Charged With Predatory Lending — ProPublica

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. Reporting Highlights Executive Shift: When Santander Consumer USA got in trouble with regulators, several of its executives moved to another auto lender, Exeter Finance. Same Playbook: The executives used similar business practices at … Read more

Did the LDF Tribe Allow Its Partners to Skirt State Lending Laws? — ProPublica

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Did the LDF Tribe Allow Its Partners to Skirt State Lending Laws? — ProPublica

ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up for Dispatches, a newsletter that spotlights wrongdoing around the country, to receive our stories in your inbox every week. Reporting Highlights A Desperate Move: After a failed bond deal, a Wisconsin tribe faced financial ruin — so it turned to high-interest lending, relying … Read more