CFPB Eying Improper Practices In Auto Lending

By  |  November 5, 2013
 | 

The Consumer Protection Financial Bureau (CFPB) has identified several auto lenders that may be engaging in improper business practices, according to a November 4 report from American Banker.

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    Industry members have rejected claims they are misleading consumers. Andrew Sandler, chairman and executive partner at BuckleySandler, a financial services law firm, told the Banker that the CFPB doesn’t “have reliable information.”

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    To learn more about the CFPB’s oversight of the auto lending industry, read the full story here.

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