WASHINGTON – Just because the major car manufacturers have discontinued offering zero percent auto financing deals doesn't mean CUNA intends to ease up on its effort for the Fed to make changes to Reg Z, Truth In Lending to apply to these types of financing offers.

Just the contrary, said CUNA Assistant General Counsel Jeffrey Bloch.

"We expect the car manufacturers to offer them again and more often because they were so successful in moving inventory off the dealers' lots," said Bloch.

Continue Reading for Free

Register and gain access to:

  • Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.