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- Title
Accelerating Regulation of Automotive Finance.
- Authors
McDonald, Kevin M.; Rojc, Kenneth J.
- Abstract
The article offers information on the developments in the laws related automobile loans in the U.S. Topics discussed include the Consumer Financial Protection Bureau (CFPB) and U.S. Department of Justice which entered into consent orders with the Fifth Third Bank, the violation of the Equal Credit Opportunity Act by the bank, and the settlements of the Massachusetts Attorney General with American Credit Acceptance LLC and Westlake Services LLC lenders for charging excessive interest rates.
- Subjects
AUTOMOBILE loans; UNITED States. Consumer Financial Protection Bureau; CONSENT decrees; FIFTH Third Bank (Company); UNITED States. Dept. of Justice; EQUAL Credit Opportunity Act (U.S.); LEGAL settlement; WESTLAKE Services LLC; LAW
- Publication
Business Lawyer, 2017, Vol 72, Issue 2, p559
- ISSN
0007-6899
- Publication type
Article