Breakwater Marine, a Canadian boat dealer, is under investigation by authorities for alleged fraudulent business practices, according to a press release from the Surrey Royal...
Jeffrey McKenzie, co-owner of 61 Marine and Sports, has been accused of sales tax fraud totaling $3.2 million, according to a criminal complaint provided to...
The Consumer Finance Protection Bureau has extended the comment period for its proposed changes to the Fair Debt Collection Practices Act (FDCPA). To provide more...
Lenders will need to focus on vendor management – specifically with debt collectors – in light of proposed changes to the Fair Debt Collection Practices...
Legislators proposed a cap for interest rates on loans less than $10,000 in California, but the ruling will not affect retail powersports lenders, David Gemperle,...
Not every consumer has a smooth experience with a lender, and borrowers can report these instances to the Consumer Finance Protection Bureau. Powersports Finance searched...
The Federal Communications Commission (FCC) rolled out a new ruling last Thursday, allowing voice service providers to block unwanted robocalls in a move that could...
To help lenders stay up to date with compliance cases that apply to the powersports industry, Powersports Finance has started a quarterly feature spotlighting notable...
Five new commissioners recently were appointed to the Federal Trade Commission, and they have expressed interest in holding senior decision makers responsible for conduct that...
The Consumer Finance Protection Bureau has issued a Notice of Proposed Rulemaking (NPRM) to the Fair Debt Collection Practices Act (FDCPA) and, while the proposal...
