Photo by Mikbiz/Shutterstock Tactics of Booming Auto-Lending Industry Raising Ire of CFPB, Including Ga. Lawsuit
A powerful U.S. regulator alleges the industry is rife with shenanigans, conduct it's trying to rein in by filing lawsuits.
August 04, 2023 at 02:30 PM
3 minute read
Consumer Protection
The original version of this story was published on Corporate Counsel
In a sign the Consumer Financial Protection Bureau is slamming the pedal to the metal on auto-lending enforcement, the agency this week sued the lending arm of U.S. Auto Sales Inc. and is seeking millions of dollars in remedies and penalties.
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