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CFPB says servicemembers pay more for auto loans 

Report published today analyzed 20M auto loans 

Amanda Harris

U.S. service members allegedly pay more for auto loans than civilian borrowers, according to a Consumer Financial Protection Bureau report published today.  The CFPB analyzed “more than 20 million auto loans originated between 2018 and 2022,” and found that “servicemembers typically have larger loans, make smaller down payments and ultimately shoulder higher monthly costs,” according […]

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