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A bank created fake accounts, forced clients into unnecessary car insurance and repossessed vehicles when they didn’t pay. Now it has agreed to $20 million in penalties

New York (CNN) — Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance ...
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Fifth Third Bank opened fake accounts, got customer cars illegally repossessed, CFPB report says

Fifth Third Bank is accused of opening fake accounts, charging customers $12.7 million dollars in illegal, worthless fees and even getting customers cars illegally repossessed, according to a ...
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CFPB penalizes Fifth Third Bank again for auto-finance activities

For the second time in the past decade, Fifth Third Bank is facing a multi-million-dollar penalty from the Consumer Financial Protection Bureau (CFPB) involving its activities with auto financing. The ...

Is it legal for a creditor to garnish wages after a car repossession in Texas?

A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...
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Buying bank repos at Copart

Learn how to buy repo cars at Copart auctions! Get insights into navigating public auto auctions and the car market for ...