Lawsuit Investigation: Credit Union Auto Loan Fraud

June 11, 2019

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At A Glance

This Alert Affects:
Anyone who bought a car from a dealership within the last four years and had their vehicle financed through the credit union “preferred” or “recommended” by the dealer.
What’s Going On?
Attorneys are investigating whether people who signed up for auto loans with a dealership’s “preferred lender” credit union were charged a marked-up interest rate and, if so, whether class action lawsuits can be filed.
How Can a Lawsuit Help?
A class action lawsuit could help auto loan borrowers recover the difference between the dealership’s marked-up interest rate and the lower rate they would have received had they gone to the credit union directly.
What Can I Do?
If you took out an auto loan with a credit union recommended by the dealership, fill out the form on this page. You may be able to help get a class action lawsuit started.

The information submitted on this page will be forwarded to Berger Montague who has sponsored this investigation.

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