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Enforcement Action
Jaclyn Jaeger is an Editor at Compliance Week. She writes on a wide variety of topics, including ethics and compliance, regulatory enforcement matters, risk management, technology, and more. Jaeger welcomes questions and comments from readers; she can be reached via e-mail at jaclyn.jaeger@complianceweek.com.
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Enforcement Action Blog
Toyota Motor Credit Probed for Lending Discrimination
Jaclyn Jaeger | December 2, 2014
The Department of Justice and the Consumer Financial Protection Bureau last month launched an investigation against Toyota Motor Credit over allegations of auto-lending discrimination practices, Toyota announced in a recent Form 8-K with the Securities and Exchange Commission. According to the agencies, “such practices resulted in discriminatory pricing of loans to certain borrowers." Details inside.
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