Federal Enforcement Action
This is a 2014 CFPB consent order with a creditor involving various debt collection violations and furnishing information to CRAs that DriveTime had reasonable cause to believe was inaccurate, failed to correct or delete inaccurate information within a reasonable time after learning of the inaccuracies, and failed to establish and/or implement reasonable written policies and procedures regarding the “accuracy” and “integrity” of the information.
This is a 2014 CFPB consent order with a creditor involving failure to establish and/or implement reasonable written policies and procedures regarding the “accuracy” and “integrity” of the information that it furnishes to CRAs and its misrepresentation regarding the accuracy of the information it furnishes.
This is a 2015 CFPB consent order with a debt collection agency involving the failure to respond within 30 days to consumer disputes about the information the collector furnished to CRAs and failure to provide debt validation notices.