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car loan

Loan servicer illegally disabled consumers' cars, lawsuit alleges

Loan servicer illegally disabled consumers' cars, lawsuit alleges

USASF used kill switches improperly, CFPB charges
News Desk Aug 7, 2023
Pandemic energized unfair, deceptive, illegal financial schemes, feds find

Pandemic energized unfair, deceptive, illegal financial schemes, feds find

The pandemic shuttered many businesses but sparked a wave of shady financial practices
News Desk Jul 26, 2023
Credit Acceptance Corp. Tricked Customers into High-Cost Used Car Loans, Feds Charge

Credit Acceptance Corp. Tricked Customers into High-Cost Used Car Loans, Feds Charge

The Consumer Financial Protection Bureau (CFPB) and the New York State Office of the Attorney General have sued auto lender Credit Acceptance Corporation for allegedly misrepresenting the cost of credit and tricking its customers into high-cost loans on used cars, charging that the car-buying experience turns into a nightmare for
News Desk Jan 5, 2023

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Consumer Education Council of North America is a 501(c)(3) non-profit