Monday, September 26, 2016

CFPB Fines Auto Title Firm $9M for Unfair Debt Collection

The Consumer Financial Protection Bureau on Monday fined a large auto title lender $9 million for failing to disclose the terms and costs of its title loans in three states, and for illegally exposing consumers' information to their employers.

from American Banker http://www.americanbanker.com/news/consumer-finance/cfpb-fines-auto-title-firm-9m-for-unfair-debt-collection-1091597-1.html

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