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Violation Tracker Individual Record

Company: DriveTime Automotive Group, Inc.
Penalty: $8,000,000
Year: 2014
Date: November 19, 2014
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Consumer Financial Protection Bureau took its first action against a "buy-here, pay-here" car dealer. The dealer, DriveTime, was said to have harmed consumers by making harassing debt collection calls and providing inaccurate credit information to credit reporting agencies. DriveTime was required to pay $8,000,000 as a civil money penalty, end its unfair debt collection tactics, fix its credit reporting practices, and arrange for harmed consumers to obtain free credit reports.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.