Bureau Sued Auto Lender Earlier This Year for Deception and Threats to Contact Commanding Officers
WASHINGTON, D.C. –-(ENEWSPF)–October 28, 2015. Today the Consumer Financial Protection Bureau (CFPB) filed an administrative order against Security National Automotive Acceptance Company (SNAAC), an auto lender specializing in loans to servicemembers, for engaging in illegal debt collection practices. The order requires the company to refund or credit about $2.28 million to servicemembers and other consumers who were allegedly harmed, and…
