CFPB sues auto dealer for illegally locking cars, re-possessing vehicles, other shady activities
By KEN SWEET
AP Business Writer
NEW YORK (AP) — The Consumer Financial Protection Bureau has sued USASF Servicing, the financial arm of a chain of auto dealerships found mostly in the South. The bureau alleges the company committed a laundry list of illegal practices, like disabling borrowers’ cars, double billing customers, and illegally repossessing cars. The bureau is seeking to get millions of dollars in refunds for thousands of USASF customers, as well as impose fines and penalties against the Georgia-based company.
