Friday, September 16, 2022

FTC returns money to customers of deceptive auto dealerships

Consumer Alerts from the Federal Trade Commission

By Kira Krown

Buying a car is a big purchase that most of us have to finance. Many people who financed vehicles they bought at Tate's Auto had their vehicles repossessed. Why? According to the FTC, Tate's Auto, which had four dealerships across Arizona and New Mexico, misled their customers and lied to lenders. Today, the FTC began returning more than $415,000 to thousands of those customers. Read on to learn more.

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