ERC721

The Consumer Financial Protection Bureau ordered U.S. Bank and one of its nonbank partner companies, Dealers' Financial Services (DFS), to end what the agency called deceptive marketing and lending practices targeting active-duty military. The two companies were required to return about $6.5 million to servicemembers for failing to properly disclose all the fees charged to participants in the companies' Military Installment Loans and Educational Services (MILES) auto loans program, and for misrepresenting the true cost and coverage of add-on products financed along with the auto loans. For more info visit http://www.consumerfinance.gov/about-us/newsroom/cfpb-orders-auto-lenders-to-refund-approximately-6-5-million-to-servicemembers/

Name

305

Owner

0xd89C641cF9Cca44A3435895D24494d1bb7d70Ee9

ID#305

Rarity

LO:67%

Parent Company

U.S. Bancorp

EX:1%

Company

U.S. Bank

EX:MAX

Violation

Banking Violations

X-HI:9%

Penalty

$3,200,000.00

EX:MAX

Year

2013