Home Loans CFPB fines American Honda Finance $12.8M

CFPB fines American Honda Finance $12.8M

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CFPB fines American Honda Finance .8M


American Honda Finance Corp. is being hit with a $12.8 million fine by the Consumer Financial Protection Bureau, which claims the lender engaged in inaccurate credit reporting during the pandemic.  The captive allegedly furnished inaccurate information to credit reporting agencies, affecting the credit reports of 300,000 people “who drive Honda and Acura vehicles,” in violation […]



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