Skip to main content

CFPB v. U.S. Equities Advantage, Inc.

On November 20, 2020, the Bureau issued a Consent Order against U.S. Equities Advantage, Inc. and its Owner, Robert M. Steenbergh.

The CFPB 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 (CFPA) 2010’s prohibition against deceptive acts or practices.

Victim compensation

In August 2022, the CFPB began mailing checks to eligible consumers who enrolled in a program to accelerate their loan payments through U.S. Equities Advantage, Inc.

The CFPB has contracted with RUST Consulting to administer payments for this case and to answer questions from consumers.

For questions related to this case, please:

Important dates

August 2022 – Ongoing: Distribution

More information about the case

Read the court order

Read the press release