• 09/20/2024

CFPB Orders Toyota to Pay $60 Million Over Lending Practices

Wall Street Journal

Federal regulators have ordered Toyota Motor’s auto-lending arm to pay $60 million in fines and consumer redress for allegedly preventing borrowers from canceling product bundles that raised their monthly loan payments.

https://www.wsj.com/articles/cfpb-orders-toyota-to-pay-60-million-over-lending-practices-f1fd7c97