Reuters1mon
US regulator orders Honda unit to pay $12.8 million for harming drivers' credit reports
The CFPB said American Honda Finance deferred some drivers' loan payments during the COVID-19 pandemic, only to then tell credit reporting agencies that the drivers were delinquent when they ...
Carscoops24d
Honda Finance To Pay $12.8M For Smearing Credit Score Of 300,000 Customers
The Consumer Financial Protection Bureau has ordered the American Honda Finance Corporation to pay $12.8 (£10.2 / €12.2) million for wrecking the credit scores of approximately 300,000 customers.
Yahoo Finance27d
Honda Faces $12.8M Penalty for Inaccurate Credit Information
Honda Finance allowed customers to defer auto loan payments. However, the CFPB found that these accounts were mistakenly reported as delinquent instead of current to credit bureaus. The CFPB also ...
Seeking Alpha1mon
Honda's auto financing arm fined $12.8M over alleged credit reporting lapses
Honda Finance allowed payment deferrals on auto loans, though the CFPB said it discovered that these accounts were incorrectly reported by the company as delinquent to credit bureaus instead of ...
U.S. News & World Report1mon
US Regulator Orders Honda Unit to Pay $12.8 Million for Harming Drivers' Credit Reports
(Reuters) - Honda's U.S. financing arm was ordered on Friday by the U.S. Consumer Financial Protection Bureau to pay $12.8 million for reporting inaccurate information that affected the credit ...
Columbus Dispatch29d
US regulator orders Honda unit to pay millions for harming drivers' credit reports
(Reuters) - Honda's U.S. financing arm was ordered on Friday by the U.S. Consumer Financial Protection Bureau to pay $12.8 million for reporting inaccurate information that affected the credit ...