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First Investors Financial Services Group Inc.

CFPB took action against an auto finance company that distorted consumer credit records for years. Texas-based First Investors Financial Services Group Inc., which lends primarily to subprime borrowers, failed to fix known flaws in a computer system that was providing inaccurate information to credit reporting agencies.

Related documents

Consent order

Stipulation

Press release

CFPB Takes Action Against Auto Finance Company for Distorting Borrower Credit Reports