Leigh A. Hoffman Quoted in Auto Finance News Article "Toyota Motor Credit Fined $60M by CFPB"
November 21, 2023 | In The news
Lippes Mathias Partner and Automotive & Truck Finance Team Co-Leader Leigh Hoffman was included in Auto Finance News discussing the $60M fine Toyota Motor Credit received from the Consumer Financial Protection Bureau.
“In the scope of the lending that Toyota does nationally, this is not a significant imposition of a fine,” Hoffman said. “As it compares to other fines [from the CFPB], I would call it middle of the road.”
About Our Auto & Truck Finance Practice
With decades of combined industry experience, the attorneys on Lippes Mathias’ Automotive & Truck Finance Practice Team represent the nation’s leading captive lenders, banks, non-bank lenders, and leasing companies in all phases of auto, truck and equipment lending and leasing. Our attorneys counsel clients on all aspects of consumer and bankruptcy compliance issues, credit reporting, mobility service offerings, debt collection practices, and vendor service management.
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