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Honda's U.S. auto finance arm to pay $24 million over loan pricing problems

2015-07-14 22:40:59| Auto Dealers - Topix.net

The U.S. Consumer Financial Protection Bureau and Department of Justice said American Honda Finance Corp also would change its pricing and compensation system to reduce the potential for discrimination. The company added that it disagreed with how the two regulators determined discrimination but "we nonetheless share a fundamental agreement in the importance of fair lending."

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