Public
- Public
- Network
- Groups
- Featured
- Popular
- People

Conversation

Notices

Embed this notice
Rightardia (rightardia@mastodon.social)'s status on Friday, 18-Oct-2024 01:27:12 JST Rightardia

Exeter Finance Execs Came from Bank Charged With Predatory Lending — ProPublica
"Santander Consumer USA had for years made high-interest loans to people it knew couldn’t afford them, the officials alleged. When those borrowers got into financial trouble, it allowed them to delay making payments — without disclosing the steep costs of doing so."
https://www.propublica.org/article/exeter-finance-auto-loans-predatory-attorneys-general
In conversation about a month ago from mastodon.social permalink
Attachments
1. Domain not in remote thumbnail source whitelist: img.assets-d.propublica.org
  
  Executives From a Bank Charged With “Predatory Lending” Moved to a New Lender. Regulators Did Little to Stop Them.
  
  from @propublica
  
  A dozen states that pursued Santander Consumer USA for its high-interest loans have failed to address scores of complaints alleging nearly identical behavior at Exeter Finance. The same team of executives ran both companies, ProPublica has learned.

Feeds