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Violation Tracker Individual Record

Company: Driver Loan, LLC
Penalty: $1,100,000
Year: 2021
Date: May 27, 2021
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Consumer Financial Protection Bureau announced a settlement with Driver Loan, LLC to resolve allegations that it violated federal law by misrepresenting the risks and interest rates associated with its consumer loans.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.