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Regulators put onus on lenders in ‘junk fee’ crackdown

Convenience fees, add-on product refunds included in probe 

Amanda Harris

Auto lenders must review their contract and disclosure processes as the Consumer Financial Protection Bureau expands its investigation of fees charged during the auto purchase and financing processes.  The FTC along with the CFPB are paying close attention to added fees, Natalia Kruse, Husch Blackwell senior associate attorney, said during Auto Finance Summit 2023 last […]

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