Toyota Hit With $60 Million Penalty For Scamming Buyers Into Pricy Product Bundles

Toyota Hit With  Million Penalty For Scamming Buyers Into Pricy Product Bundles

Photo: Brandon Bell (Getty Images) Toyota’s in-house financing unit is being hit with $60 million in fines and restitution in an effort to settle charges from the Consumer Financial Protection Bureau that it illegally prevented borrowers from canceling product bundles – resulting in higher monthly car loan payments. Toyota Motor Credit will have to pay … Read more