Toyota fined $60M for scamming consumers

Long story short, when people got loans through Toyota, they would add stuff to the loan then make it impossible to get it removed which violate the consumer finance protection act.

 

Now I know why Toyota used a outside bank to process my loan.

 

This is just sad… I didn’t hear it in the video but I hope they can refund some of the people who were impacted by Toyota on this.

and I’m sure every other brand does this as well.

 

https://www.consumerfinance.gov/abo...egal-lending-and-credit-reporting-misconduct/