Texas Auto Dealer Will Pay More Than $82,000 To Settle FTC Charges It Violated Fair Credit Reporting Act

The loan-servicing arm of Texas-based auto dealer Tricolor Auto Group will pay $82,777 in civil penalties as part of a settlement to address Federal Trade Commission charges that it failed to have written policies and procedures regarding the accuracy of reported credit information, and failed to properly investigate disputed consumer credit information. “An inaccurate credit […]