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Executives From a Bank Charged With “Predatory Lending” Moved to a New Lender. Regulators Did Little to Stop Them.

A dozen states that pursued Santander Consumer USA for its high-interest loans have failed to address scores of complaints alleging nearly identical behavior at Exeter Finance. The same team of executives ran both companies, ProPublica has learned.

https://propub.li/4f8lnZX

#News #Cars #PersonalFinance #ConsumerProtection #Bank #Law #Regulation

2
 
 

This week the corporation of london tell me that I can probably have a garage on the estate by the end of the month.

Asked for one of them years ago.

Was thinking a micro-camper could go in it when it came up.

So I spent a bit of yesterday looking at all the tiny microcampers the like of which would fit in a standard domestic garage and also I wouldn't feel terrified trying to drive.

Seems like really this means the smallest of the vans, the cars designed to carry a family of seven.

All the already-converted ones have some flaw of course which makes them less than perfect. Wrong type of sink or bed in the wrong place or whatever.

Meanwhile, the camper-converted ones seem to be selling for around 8 grand more than the unconverted ones, while also companies are claiming they'll do the conversion for more like 4 grand.

So it seems like you could make small amounts of money by buying the cars, paying a company to convert them, and then selling them as campers.

Not interested in doing that, but does seem likely to be the best route to getting a camper of my own I really like. Design it myself. Buy the car and pay for a conversion to my design.

Now the only trouble is I don't know anything about cars. The Renault Kangaroo seems like it's about the right shape. Probably not the electric version given the range and charging time and the length of journey a camper typically does. But definitely not diesel either given the Ultra-low-emission requirements of the city I live in.

🤔

#cars #camper

3
 
 

Fam, I'm looking at new winter tires this season. What tires have served you well and you're happy with?

Specifically asking Canadians their opinion as US winters pale in comparison to what we drive through.

Currently considering the Michelin X-Ice and Bridgestone Blizzak. I've had the Blizzak before but wondering if there's better.

#tires #cars #automotive

4
 
 

I'm notably anti-car but this was really funny

https://youtu.be/GrezsD2LkNk?feature=shared

#cars

5
 
 

No one knows when, or if, fully autonomous vehicles will arrive, but more capable semi-autonomous vehicles will be deployed in the coming years. Big Think explains the rise of the semi-autonomous car, from automatic breaking to adaptive cruise control and smart parking. https://flip.it/LdBaxY
#Tech #Cars #DriverlessCars #AutonomousVehicles #Technology #Driving

6
 
 

“Cyclist who gave gardaí footage of drivers’ misdeeds issued fine as it showed him running red light”

https://jrnl.ie/6484410

Spoiler alert: none of the drivers in the footage were prosecuted. An internal investigation found the garda member neglected their duty but the Garda Chief Superindent quashed the finding.

#ireland #cycling #cars #acab

7
 
 

One of the Nation’s Largest Auto Lenders Told Customers, “We’re Here to Help.”

Then It Took Their #Money and Their #Cars.

CarMax partner Exeter Finance makes high-interest loans to people with troubled financial histories.

It allows borrowers to skip payments but often adds thousands of dollars in new charges — costs that customers say Exeter didn’t tell them about.

#News #PersonalFinance #Transparency #ConsumerProtection

https://www.propublica.org/article/exeter-finance-skip-payments-debt

8
 
 

"Never in its 50-plus years in existence has the regulator issued new rules for automakers requiring them to change their vehicle designs to better prevent pedestrian fatalities."

https://www.theverge.com/2024/9/10/24241047/nhtsa-rule-pedestrian-safety-fmvss-suv-truck-design

#transportation #cars #CarsRuinCities #RoadSafety

9
 
 

Last week I got this weird piece relayed to me about how #Toyota has supposedly been rigging elections and engaging in union busting since 20 years ago. Looking into it a bit more – it was actually #Daihatsu fabricating safety tests for ~30 years out of its 110 years of history. Thinking about how only ~70 of those 110 years happened under the current name, it does make one wonder if the previous factoid would come across as worse or not...

https://www.daihatsu.com/news/2023/report_1_E.pdf

#cars