November 27, 2024
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.
August 29, 2024
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.
August 02, 2023
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.