California Subprime Lender Settles DOJ Investigation Over Unlawful Auto Repossessions | Auto Finance News | Auto Finance News

California Subprime Lender Settles DOJ Investigation Over Unlawful Auto Repossessions

A California-based auto lender has agreed to pay the Department of Justice $80,000 following allegations that the lender violated the Servicemembers Civil Relief Act, a law designed by the DOJ to ease financial burdens on servicemembers during periods of active military service. California Auto Finance, based in Orange County, Calif., allegedly repossessed vehicles of two […]

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