After allegedly misleading consumers into paying unnecessary fees and falsely threatening consumers with lawsuits, defendants in a debt collection operation have agreed to settle Federal Trade Commission charges.
The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) announced that Southern Honda Powersports in Chattanooga, Tenn., has agreed to pay $125,000 in response to the agency's assertion that the dealership allowed the sale of unrepaired, recalled vehicles.
The Consumer Financial Protection Bureau released a bulletin explaining that certain lenders who offer auto loans through dealerships are responsible for unlawful, discriminatory pricing.
Potentially discriminatory markups in auto lending may result in tens of millions of dollars in consumer harm each year, and the bulletin provides guidance to indirect auto lenders within the CFPB's jurisdiction on how to address fair lending risk.
After allegedly misleading consumers into paying unnecessary fees and falsely threatening consumers with lawsuits, defendants in a debt collection operation have agreed to settle Federal Trade Commission charges.
The U.S. Department of Transportation's National Highway Traffic Safety Administration (NHTSA) announced that Southern Honda Powersports in Chattanooga, Tenn., has agreed to pay $125,000 in response to the agency's assertion that the dealership allowed the sale of unrepaired, recalled vehicles.
The Consumer Financial Protection Bureau released a bulletin explaining that certain lenders who offer auto loans through dealerships are responsible for unlawful, discriminatory pricing. 
