Tuesday, December 2, 2014

Are Consumers Being RIpped Off by Auto Industry Financing and There's NO REGULATION, NO PROTECTION?


FOLKS,

PLEASE! GO TO YOUR BANK IF YOU MUST FINANCE A VEHICLE!

THE AUTO INDUSTRY SEEMS NOT CONTENT TO SELL YOU DEFECTIVE VEHICLES THAT THEY DON'T STAND BEHIND, BUT RIP OFF CONSUMERS WITH CAR LOANS!

WHERE ARE THE REPUBLICANS CLOWNS IN THE DO NOTHING CONGRESS?


This from a previous article:

U.S. accuses Toyota credit unit of discriminatory loan pricing



 

 

Honda’s Lending Unit Facing U.S. Charges of Discriminatory Lending

America Honda Finance Corp Makes Disclosure; Toyota Had Received a Similar Notice

 
By
WASHINGTON—U.S. authorities are poised to charge the lending arm of Honda Motor Co. with discriminatory loan practices, the company disclosed Tuesday, as part of a broad federal inquiry into whether auto lenders charge higher interest rates to minorities.

http://online.wsj.com/articles/hondas-lending-unit-to-face-u-s-charges-of-discriminatory-lending-1417562012