CFPB Proposes Less Oversight of Smaller Auto Lenders, Automotive News
October 17, 2025Partner Allen Denson was quoted in an Automotive News article discussing the Consumer Financial Protection Bureau’s (CFPB’s) consideration of an increase in the auto finance deal count threshold that triggers increased agency oversight of auto lenders.
While the CFPB doesn’t monitor smaller companies with deal volumes below the deal threshold, Allen noted that the agency can still take action against them.
“Even where the CFPB cannot conduct examinations or audits ... it can still conduct investigations and file lawsuits,” he said, adding that the examinations and audits fall under the CFPB’s supervisory authority, while the investigations and lawsuits are under the agency’s enforcement authority.
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