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Home » CFPB Subpoenas Auto Lenders; Dealers, Finance Firms Scramble
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CFPB Subpoenas Auto Lenders; Dealers, Finance Firms Scramble

May 6, 2013
The CFPB has ratcheted up its scrutiny of the domestic auto finance industry, subpoenaing a number of U.S. auto lenders over the sale of extended warranties and other financial products, according to a report in the May 3 edition of the Wall Street Journal. Bureau officials said they would not comment on or confirm any potential subpoenas or requests for information. The CFPB interacts with the car-buying public and auto lenders in a variety of different ways. These can include educating consumers, examining and possibly...
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