CFPB, NY AG Sue Auto Lender For Predatory Practices, Aggressive Collection Efforts
Account Recovery
JANUARY 5, 2023
The Consumer Financial Protection Bureau and the Attorney General of New York yesterday filed a lawsuit against an auto lender, accusing it of tricking consumers into high-cost loans on used cars that resulted in unaffordable monthly payments, vehicles being repossessed, and customers facing debt collection lawsuits.
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