CFPB Sues Auto Lender for Aggressive Debt Collection Tactics
WASHINGTON D.C. — The Consumer Financial Protection Bureau (CFPB) has sued auto finance source Security National Automotive Acceptance Company (SNAAC) for aggressive debt collection tactics against military service members, reports F&I and Showroom. The CFPB charged the company with using illegal threats and deceptive claims in order to collect debts. It is seeking compensation for ... Read More »