RETAIL: Arizona Honda settles over credit deception

March 2008
Inside Tucson Business;3/3/2008, Vol. 17 Issue 39, p6
The article reports that the owners of Arizona Honda have agreed to a $19,500 settlement over allegations that the all terrain vehicles (ATV), motorcycle, and power equipment dealer used deceptive practices to secure financing for consumers who may not have otherwise qualified for financing in Arizona. According to Attorney General Terry Goddard, employees were violating financial lending institutions' lending policies.


Related Articles

  • AZ Honda drives high-tech image into Tucson. Pallack, Becky // Inside Tucson Business;6/23/2003, Vol. 13 Issue 2, p1 

    Reports on the high-technology prototype showroom to be opened by Arizona Honda in Tucson. Location of the showroom at the northwest corner of Palo Verde and Interstate 10; Other facilities being planned by American Honda in 2004; Features of the showroom.

  • N.C. Passes 2d Predator Law.  // American Banker;9/21/2001, Vol. 166 Issue 182, p6 

    No abstract available.

  • California Requests Comments on Licensing Proposal.  // Pratt's Mortgage Compliance Letter;Apr2014, Vol. 14 Issue 4, p9 

    The article reports on the announcement of California's Department of Business Oversight that it is seeking comments on its plans to amend lending laws to make it clear that certain financial institutions such as federal bank agents are not under the licensure exemption for a bank or savings body.

  • Payday Lenders Now Under T-I-L. Lanphear, Sue // Credit Union Executive Newsletter;04/17/2000, Vol. 26 Issue 13, p2 

    Reports that the United States Federal Reserve Board has determined that payday lenders need to comply with the Truth-in-Lending Act.

  • 73% of brokers disapprove of borrowing age limit.  // Mortgage Strategy;11/20/2006, p8 

    The article reports on the result of the online survey on the question weather lenders should impose age limit on borrowers, conducted by the periodical "Mortgage Startegy" in Great Britain. According to the author, 73% of the online readers claim that lenders should not enforce age limit to...

  • Appraisers don't value rule change. Van Housen, Caty // San Diego Business Journal;2/7/94, Vol. 15 Issue 6, p1 

    Reports on federal regulators' plan to eliminate appraisal requirements on property loans under a set threshold. Occurrence of bad loans; Incentives for making loans; Consideration of plan by US Congress; Agencies that regulate financial institutions.

  • THE PREDATORY LENDING OBSTACLE COURSE. Morse, Neil J. // Mortgage Banking;Apr2002, Vol. 62 Issue 7, p52 

    Discusses a regulation aimed at eradicating real and alleged predatory lending practices in the U.S. Function and mission of the Association of Community Organizations for Reform Now; Effect of an anti-predatory lending law approved by the city council of the District of Columbia on the...

  • Democrats Hit 'Predators' in Three Bills. ANASON, DEAN; Heller, Michele // American Banker;4/13/2000, Vol. 165 Issue 72, p1 

    Reports on United States Democrats' introduction of three bills to crack down on predatory lenders. Lowering of standards for what constitutes a high-cost loan; Expansion of the list of lending practices that are abusive; Increase in penalties; Added disclosure requirements; Restrictions on...

  • CFPB Takes First-Ever Enforcement Action against a Payday Lender. Wack, Kevin // American Banker;11/21/2013, Vol. 178 Issue 179, p13 

    The article reports payday lender Cash America International agreed to settle with the U.S. Consumer Financial Protection Bureau on November 20, 2013 regarding charges that it impeded a bank examination, violated the Military Lending Act, and improperly processed court documents. Cash America...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics