CFPB sues U.S. Auto Sales’ servicer USASF for repo practices

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The Consumer Financial Protection Bureau has brought claims against auto loan servicer USASF Servicing alleging that the company illegally disabled and improperly repossessed vehicles as regulatory oversight picks up alongside a return to repo enforcement.   Lawrenceville, Ga.-based USASF Servicing is the financial arm of buy-here, pay-here dealership chain U.S. Auto Sales. U.S. Auto Sales […]





Source : AutoFinanceNews