CFPB v. U.S. Equities Advantage, Inc.
On November 20, 2020, the Court issued a consent order gainst U.S. Equity Advantage, Inc. (“USEA”) and its owner, Robert M. Steenbergh.
The Bureau found that the company’s disclosures and advertisements of its auto loan payment program contained misleading statements in violation of the Consumer Financial Protection Act of 2010’s prohibition against deceptive acts or practices.
More information about this case, including the final court order, can be found in our press release.
Victim compensation
The CFPB contracted with RUST Consulting, LLC to administer payments for this case and to answer questions from consumers. This matter is now closed.
For more information on this closed case, contact us at Consumer Financial Protection Bureau, Attn: OCFO – U.S. Equities Advantage, Inc., 1700 G Street NW, Washington DC 20552
Important dates
August 2022 – April 2024