Toyota Agrees To $7.6 Million Massachusetts Settlement Over Illegal Loan Collection Practices | Carscoops

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Toyota Agrees To $7.6 Million Massachusetts Settlement Over Illegal Loan Collection Practices | Carscoops carscoops

. “In settling with the state of Massachusetts, TMCC admits to no wrongdoing. In 2018, TMCC revised our post-repossession notices to comply with the court’s interpretation of the state statute.”

The Attorney General also alleged that Toyota Motor Credit made excessive collection calls to certain consumers in violation of Debt Collection Regulations.“Consumers facing repossession and collection actions on their vehicles deserve clear and transparent information from auto lenders,” Attorney General Campbell said.

 

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