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One-Two Punch: CFPB Indirect Auto and Add-On Product Orders

2015-09-30 07:07:38| Auto Dealers - Topix.net

The CFPB announced two new enforcement action settlements on September 28: one for alleged discriminatory auto loan pricing and the other for alleged deceptive credit card add-on product marketing practices. Indirect Auto Settlement: The joint CFPB and DOJ auto-lending enforcement action continues the Bureau's campaign to regulate auto dealer markups via lender enforcement actions.

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Category:Automotive

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