CFPB Orders Lenders to Pay $6.5 Million in Auto Loan Refunds

CFPB Orders Lenders to Pay $6.5 Million in Auto Loan Refunds The Consumer Financial Protection Bureau ("CFPB") ordered U.S. Bank and its nonbank partner, Dealers’ Financial Services (“DFS”), to pay nearly $6.5 million to members of the U.S. military who were misled about terms and fees of their auto loans.  The two companies required service […]

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