May 15, 2018
Toyota's auto lending branch said in a filing with the U.S. Securities and Exchange Commission on Tuesday that the U.S. Department of Justice and Consumer Financial Protection Bureau agreed the company has satisfied the requirements for early termination of a consent order reached in 2016 over allegations of unfair lending practices.
February 02, 2016
Toyota's auto lending branch will pay $22 million to resolve allegations that the company systematically discriminated against black, Asian and Pacific Islander borrowers by marking up interest rates on Toyota loans, the U.S. Department of Justice and Consumer Financial Protection Bureau announced Tuesday.