News & Analysis as of

Fair Credit Reporting Act (FCRA) Financial Institutions Automotive Industry

Orrick, Herrington & Sutcliffe LLP

CFPB drops in-house suit against motor vehicle company financial arm

On May 12, the CFPB terminated a consent order against a credit financing arm of a large motor vehicle company for violations related to the CFPA and FCRA. ...more

Robinson+Cole Data Privacy + Security Insider

Auto dealer settles with FTC for violations of the Fair Credit Reporting Act

Tricolor Auto Acceptance (Tricolor), a Texas based auto dealer has agreed to settle with the Federal Trade Commission (FTC) for violations of the Fair Credit Reporting Act (FCRA). Tricolor will pay the FTC $82,777 in...more

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