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Home » FTC hits Illinois auto dealer with $10M UDAP settlement

FTC hits Illinois auto dealer with $10M UDAP settlement

The settlement is the highest in the regulator’s history

Whitney McDonaldbyWhitney McDonald
April 5, 2022
in Compliance
Reading Time: 2 mins read
0
FTC proposed rule homes in on ‘junk fees’ in auto loan transactions 

© Can Stock Photo / demerzel21

Eight dealerships and one general manager under Illinois-based Ed Napleton Automotive Group are settling with the Federal Trade Commission (FTC) and the state of Illinois for $10 million after being accused of charging illegal “junk fees” and discriminating against Black consumers in the financing process. The complaint, submitted by the FTC on April 1, accuses […]

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