FTC: Shady Collection Practices Cost California Auto Lender $5.5 Million

FTC: Shady Collection Practices Cost California Auto Lender $5.5 Million

If you can’t collect the nice way, then don’t collect at all. In this case, a national subprime auto lender caught using unsavory tactics to collect and service consumer loans must pay $5.5 million and change its ways to settle Federal Trade Commission charges. [More]