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The Consumer Financial Protection Bureau (CFPB) slapped Fifth Third Bank with a $20 million fine on Tuesday for allegedly forcing auto loan customers to buy unnecessary car insurance policies ...
Fifth Third Bank on Tuesday said it agreed to pay $20 million in penalties imposed by the Consumer Financial Protection Bureau to settle a CFPB investigation into its auto insurance practices ...
But according to the Consumer Financial Protection Bureau, Fifth Third Bank illegally repossessed the cars of over 1,000 families after forcing their customers to buy unneeded car insurance ...
The CFPB has fined Fifth Third Bank $20 million for fraudulent practices, including opening unauthorized accounts and imposing unnecessary auto insurance coverage. The bank also must compensate ...
Fifth Third's quality control personnel were making false representations about the loans before and during the time the bank accepted $3.4 billion in federal money from the Troubled Asset Relief ...
Fifth Third Bank has agreed to pay millions to settle allegations that it forced auto loan customers into duplicative car insurance policies that made their monthly payments more expensive ...
The Enquirer wants to talk to Fifth Third Bank customers affected by these practices. Email reporters Amber Hunt ([email protected]) or Alex Coolidge ([email protected]) to share your story.