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Entries in Consumers for Auto Reliability and safety (1)

Tuesday
Oct202009

Auto Lenders Are Using Shady Tactics On Consumers, Says Expert

Rosemary Shahan, President of Consumers for Auto Reliability and Safety, says auto-lenders often perform a "bait and switch" and increase interest rates on auto loans after a consumer has purchased a car. She says that this is why auto-lending ought to be included in the jurisdiction of the Consumer Financial Protection Agency. (0:19)
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