The Consumer Financial Protection Bureau (CFPB) has issued a consent order against Nissan Motor Acceptance Corp., an auto financing subsidiary of Nissan North America, Inc., which services auto loans and leases originated by Nissan and Infiniti dealerships nationwide.
The bureau found that Nissan and its agents wrongfully repossessed vehicles and made deceptive statements in its loan extension agreements, among other allegations.
Read on for details from the CFPB’s consent order.
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