Lenders must apply F&I refunds after vehicles repossessed or totaled, N.Y. says
Auto August 23, 2023, 0 Comment 7The New York State Department of Financial Services reminded auto lenders to give consumers refunds on car protection products if their vehicles are repossessed or deemed a total loss. The CFPB also has frowned on financial institutions failing to refund GAP insurance after total losses.
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