Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...
The program, developed by Liberty’s Lending & Collateral Specialty Group, consolidates lender-placed insurance (LPI), real estate owned (REO) coverage, and collateral protection insurance (CPI) into a ...
An Allstate-owned insurance company is facing a lawsuit from the U.S. government for allegedly defrauding customers. The U.S. Department of Justice is cracking down on an Allstate-owned insurance ...
To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...
National General Holdings Corp. and three subsidiaries wrongfully force-placed collateral protection insurance products on massive numbers of vehicles financed through Wells Fargo, according to the ...
ATLANTA — Assurant Specialty Property, a provider of creditor-placed homeowners insurance, auto collateral protection insurance and related services, announced plans to establish a second service ...
A car title loan is a short-term loan where the vehicle is collateral, often posing high risk due to unfavorable terms that ...
Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...