Chester County News and Community Website
WASHINGTON, D.C. – Auto repossessions have risen beyond pre-pandemic levels, according to a recent report from the Consumer Financial Protection Bureau (CFPB), signaling growing risks for borrowers in the $1.64 …
CFPB Report Highlights Rising Auto Repossession Rates and Consumer Costs Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has taken enforcement action against American Honda Finance Corporation for inaccurately reporting credit information that impacted the records of approximately 300,000 customers. …
Was Your Credit Unfairly Damaged? CFPB Slams Honda Finance for Shocking Reporting Scandal! Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has released a revealing report on widespread illegal practices within the auto finance sector, shedding light on the systemic issues affecting …
CFPB Exposes Unlawful Practices in Auto Finance Industry Read More
WASHINGTON, D.C. — In the world of banking, another scandal unfolds as the Consumer Financial Protection Bureau (CFPB) brings the hammer down on Fifth Third Bank. The bank, with an …
Fifth Third Bank Racked with $20M Fine for Illegal Practices Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently disclosed alarming findings from in-depth investigations of auto loan, student loan services, debt collectors, and ancillary financial service providers. The …
Revealing Unfair Practices: How Financial Service Providers May Cheat Customers Read More
HARRISBURG, PA — Pennsylvania Attorney General Michelle Henry this week announced a multi-million dollar settlement with Community Loans of America, Inc. (CLA), an auto title lending company accused of exploiting …
Predatory Auto Title Lender to Pay Millions in Restitution and Debt Cancellation to Pennsylvanians Read More
The Consumer Financial Protection Bureau (CFPB) has delivered a significant ruling against Toyota Motor Credit Corporation for operating an illegal scheme that prevented borrowers from canceling product bundles, which led …
Consumer Financial Protection Bureau Orders Toyota Motor Credit to Pay $60 Million in Redress and Penalties Read More