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Consumer Financial Protection Bureau v. USASF Servicing, LLC
Case Number:
1:23-cv-03433
Court:
Nature of Suit:
Judge:
Government Agencies
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November 27, 2024
CFPB Bags $42M Penalty Against Ga. Auto Loan Servicer
A Georgia federal judge ordered a car loan servicer to pay more than $42 million in restitution, damages and fines for what the Consumer Financial Protection Bureau said was a slew of shady business practices, including using remote kill switches to shut off borrowers' cars and double charging them for insurance premiums.
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August 29, 2024
CFPB Notches Default Win Against Ga. Auto Loan Servicer
The Consumer Financial Protection Bureau has scored a default judgment against a Georgia-based auto loan servicer accused of a slew of unlawful business practices, including using kill switches to shut off borrowers' cars and double charging them for insurance premiums.
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August 02, 2023
CFPB Says Auto Loan Servicer Botched Billing, Car Lockouts
The Consumer Financial Protection Bureau on Wednesday sued USASF Servicing LLC in Georgia federal court, alleging that the auto-loan servicer had wrongfully disabled borrowers' cars, double-billed for insurance premiums and engaged in other illegal practices.