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Date | Article | Details |
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4 April 2012 | FTC Charges that Auto Loan Schemes Falsely Promised They Could Stop Consumers' Cars from Being Repossessed Consumers were instructed to pay fees to the companies, and to stop paying their auto lenders. Subsequently, at least one consumer’s car was repossessed, and one set of defendants told other consumers to “hide [their] car[s] to avoid repossession.” | Press Release (text) Agency: FTC Topic: Hope for Car Owners, Auto Debt Consulting |