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DOJ Settles Claims With Auto Finance Companies Over Repossessing Active Duty Servicemembers’ Vehicles

Auto Finance  •  CFPB  •  Debt Collection  •  DOJ  •  SCRA
On September 27, the U.S. Department of Justice (“DOJ”) announced that it had entered into a $760,000 settlement​ with two affiliated auto finance companies stemming from allegations that the companies violated the Servicemembers Civil Relief Act (“SCRA”), 50 U.S.C. […]

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CFPB Orders National Bank to Pay $4.6 Million in Civil Penalties for Credit Reporting Practices

Banking  •  CFPA  •  CFPB  •  Credit Reporting  •  FCRA
On August 2, 2017, the Consumer Financial Protection Bureau (CFPB) announced that it had entered into a consent order with a national bank, resolving allegations as to the bank’s allegedly unlawful credit reporting activities. According to the CFPB, the bank violated several […]

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