Category Archives: Latest In Consumer News

Auto Added by WPeMatico

L.A.-Based Auto Lender Must Pay $48M In Fines, Refunds For Illegal Collections

For the second time this week, the Consumer Financial Protection Bureau has flexed its muscles when it comes to reining in unscrupulous indirect auto loan financiers. Just days after taking action against Fifth Third Bank for auto-lending discrimination, the Bureau ordered a Los Angeles-based finance company and its auto title lending subsidiary to pay $48.3 million… Read More »