Violation Tracker Individual Record

Company: 
CitiFinancial Credit Company
Current Parent Company: 
Citigroup
Penalty: 
$907,000
Year: 
2017
Date: 
September 18, 2017
Primary Offense: 
Servicemembers Civil Relief Act
Secondary Offense: 
consumer protection violation
Violation Description: 

CitiFinancial Credit Company, as successor to CitiFinancial Auto Corporation, agreed to pay $907,000 to resolve allegations that it violated the Servicemembers Civil Relief Act (SCRA) by repossessing 164 cars owned by SCRA protected servicemembers without first obtaining the required court orders.

Level of Government: 
federal
Action Type: 
agency action
Agency: 
Justice Department Civil Rights Division
Civil or Criminal Case: 
civil
HQ Country of Parent: 
USA
HQ State of Parent: 
New York
Ownership Structure of Parent: 
publicly traded
Major Industry of Parent: 
financial services
Specific Industry of Parent: 
banking & securities
Source Notes: 
If an online information source is not working, check the Violation Tracker Data Sources page for an updated link.
Parent company note: 
Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.