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Violation Tracker Individual Record

Company: USASF Servicing LLC
Penalty: $42,627,689
Year: 2024
Date: November 26, 2024
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: In a case brought by the CFPB, a federal judge ordered USASF, car loan servicer, to pay more than $42 million in restitution, damages and fines for what the agency alleged were illegal business practices, including using remote kill switches to shut off borrowers' cars and double charging them for insurance premiums.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.