US regulator orders Honda unit to pay millions for harming drivers' credit reports
The CFPB said American Honda Finance deferred some drivers' loan payments during the COVID-19 pandemic, only to then tell credit reporting agencies that the drivers were delinquen
Honda's financing arm ordered to pay $12 million for credit reporting failures
The Consumer Financial Protection Bureau (CFPB) has ordered American Honda Finance Corporation to pay $12.8 million for reporting incorrect information tha
US regulator orders Honda unit to pay $12.8 million for harming drivers' credit reports
Honda's U.S. financing arm was ordered on Friday by the U.S. Consumer Financial Protection Bureau to pay $12.8 million for reporting inaccurate information that affected the credit reports of 300,000 drivers of Honda and Acura vehicles.
Honda's auto financing arm fined $12.8M over alleged credit reporting lapses
American Honda Finance Corp., the auto financing unit of Honda Motor Co. (NYSE:HMC), has been ordered by the U.S. Consumer Financial Protection Bureau to pay a $12.8M penalty for allegedly posting inaccurate information that impacted the credit reports of hundreds of thousands of Honda and Acura vehicles,
Honda Auto Finance fined $12.8 million for reporting errors
The Consumer Financial Protection Bureau said American Honda Finance Corp. inaccurately reported 300,000 borrowers as delinquent who had paused loan payments during the pandemic.
TopSpeed4h
The Fastest Honda Sports Cars Ever Made
What names come to mind when you think of the fastest Honda sports cars ever made? Here are ten that stand out and top the ...
Taking on Tesla, Honda debuts wild 0 Series EV prototypes
Honda’s all-electric Prologue, a collaboration vehicle manufactured in tandem with GM, has been a serious hit for the brand.
$96 million receiver A.J. Brown shows up to Eagles’ playoff win over Rams in $30K Honda Accord
Philadelphia Eagles wide receiver A.J. Brown, who signed a three-year, $96 million contract extension with the team last ...
Never-Ridden Honda Motorcycle Sells For Record $250,000
It might look modern, but the NSR500V is from what is now a bygone era in racing. Would you ride it if you owned it?
Honda, Nissan, and Mitsubishi merger could be bigger news than you think
Honda has announced an agreement to merge with Nissan in a deal worth a reported $54 billion. Mitsubishi, which has long been ...
New Atlas7d
Uncrating Honda’s $267,000 unicorn
Free goosebumps with every view. Watch as buyers uncrate an original, complete, un-started HRC race bike that just became the ...
Honda-Nissan Plan, Stellantis Problems May Prompt More Mega-Mergers
The mooted Honda Nissan merger and the fallout from leadership change at Stellantis suggests the auto industry must brace for ...
Honda says the Acura RSX will be the first original EV with the Asimo operating system
The RSX will also be the first vehicle from Honda to feature its in-house-developed Asimo OS. At CES, Honda said that Asimo ...
MotorTrend on MSN2d
2025 Honda Odyssey Interior Review: Practicality Limited Only By Your Imagination
Honda provides two USB-C ports each for the second and third rows to keep folks entertained, while Touring and Elite models ...
Hosted on MSN1h
Honda Hasn’t Given Up On Making An Electric Civic Type R Yet
It has been over two years since Honda expressed its intention to bring its brilliant Civic Type R into the era of ...