CategoryFinance Insurance

Bankrupt loan servicer for used-vehicle dealership group ordered to pay $42.6 million after CFPB wins by default

The Consumer Financial Protection Bureau headquarters on Aug. 18, 2024.
The CFPB had sued USASF Servicing in 2023, shortly before the loan servicer, U.S. Auto Sales and four other affiliated companies filed for bankruptcy (GETTY)
January 14, 2025 05:00 PM