Consumer Bureau Action Tracker

CFPB – Security National Automotive Acceptance Company, LLC




Security National Automotive Acceptance Company, LLC


Enforcement, Debt Collection

In April 2017, the CFPB fined Security National Automotive Acceptance Company (SNAAC) “$1.25 million” for failing to abide by the terms of a previous CFPB consent order with the company. The CFPB previously alleged that SNAAC “made threats to service members about their debts, stating that it would contact commanding officers. Additionally, SNAAC allegedly exaggerated the amount of debt each service member owed. According to the CFPB, SNAAC failed to provide more than $1 million in owed refunds. This inaction on the part of SNAAC affected more than 1,000 consumers.”



Inactive or Resolved

2017-CFPB-0013 4/26/2017 4/26/2017

CFPB Issues $1.25 Million Fine to Servicemember Auto Lender for Violating Consent Order

  • Consumer Financial Protection Bureau (CFPB)
  • Administrative filing
  • None
  • Nonbank
  • $1,250,000
  • 1,000



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