The CFPB “required Y Kings S Corp … to pay $700,000 in restitution to the more than 1,000 customers per year who bought cars between 2012-14.” The bureau alleged the car dealer engaged in “abusive financing schemes.” The dealer did not admit wrongdoing in the settlement.

• In February 2016, the CFPB “required Y Kings S Corp … to pay $700,000 in restitution to the more than 1,000 customers per year who bought cars between 2012-14.” The bureau alleged the car dealer engaged in “abusive financing schemes.” [Sharon Dunn, “Greeley used-car dealer ordered to repay $700,000 to customers for fraudulent practices”, Greeley Tribune, 02/02/16]

• The dealer did not admit wrongdoing in the settlement. [Sharon Dunn, “Greeley used-car dealer ordered to repay $700,000 to customers for fraudulent practices”, Greeley Tribune, 02/02/16]