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(Reuters) – A U.S. regulator on Tuesday ordered an affiliate of Hyundai Motor Co to pay $19.2 million for repeatedly providing inaccurate information to credit-reporting companies, including wrongly reporting that consumers were delinquent on loans and leases.
The U.S. Consumer Financial Protection Bureau said Hyundai Capital America will pay a $6 million civil fine and $13.2 million in restitution, in the regulator’s largest case against an auto servicer under the federal Fair Credit Reporting Act.
