Peter Cubita

Peter Cubita

Ballard Spahr LLP

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Furnishers Beware – CFPB Signals That Civil Penalties May Be Appropriate Even Without Any Actual Consumer Injury

Yesterday, the CFPB announced a consent order with First Investors Financial Services Group, Inc., an auto finance company that both makes loans to consumers and purchases retail installment sale contracts from auto dealers....more

8/22/2014  /  Automotive Industry , Automotive Loans , Car Dealerships , Civil Monetary Penalty , Consent Order , Consumer Financial Protection Bureau (CFPB) , Credit Reports
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