Image: Rick Reinhard
"Whether or not Ally consciously intended to discriminate makes no practical difference to consumers," CFPB Director Richard Cordray said.

CFPB, DOJ Using Force to Change Auto Lending Industry

By assessing nearly $100 million in fines and restitution against Ally Financial on Friday, regulators sent a warning shot to all indirect auto lenders that they will be severely penalized if partnering dealerships charge higher interest rates or fees to minorities.

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