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Honda To Pay Feds $24M To Settle Bias Lending Claims

By Evan Weinberger (July 14, 2015, 3:07 PM EDT) -- American Honda Finance Corp., the financing unit for the Japanese automaker, on Tuesday agreed to pay $24 million and alter its lending practices to settle claims brought by the U.S. Consumer Financial Protection Bureau and the U.S. Department of Justice that it discriminated against minority borrowers....

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