If you have not checked out Tom Brown's commentary on the Consumer Financial Protection Bureau (CFPB) and auto financing for service members, I believe you should.
According to the post, "the CFPB thinks it’s a problem that service members can’t take their financed vehicles with them when they get deployed overseas."
I think most, if not all, lenders would think this is not a good idea.
Banks and credit unions that serve the armed forces need to pay close attention to this development.
Read Tom Brown's Commentary.
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