Boston, Massachusetts. Credit: Sean Pavone/Shutterstock Massachusetts AG Reaches $7.6M Settlement With Toyota Motor Credit Corp. Over Auto Loan Collection Practices
"Consumers facing repossession and collection actions on their vehicles deserve clear and transparent information from auto lenders," said Massachusetts Attorney General Joy Campbell. Her office noted that more than 500 borrowers across Massachusetts are expected to be eligible for relief under the $7.6 million settlement, which includes about $5.5 million in debt relief funds.
February 08, 2023 at 02:26 PM
3 minute read
Creditors' and Debtors' Rights
Massachusetts Attorney General Andrea Joy Campbell has reached a $7.6 million settlement with Toyota Motor Credit Corporation over allegations that it failed to give certain consumers required post-car repossession information that apparently could affect debt owed, the attorney general's office announced.
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