Leasing Honda Fined for discriminatory Assessed

Autometronicschool. - Consumer Financial Protection Bureau United States have established penalties of US $ 24 million to the American Honda Finance Corporation (AHFC). The reason, the unit pembiayaa agencies Honda Motor Company was assessed had discriminated to consumers diaspora black, Hispanic, and Asian.

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As reported DetikOto, Monday (07/20/2015), the finance company Honda was wearing magnitude higher installments to consumers with the racial background. Unfair practices that have been investigated by the US Bureau of Consumer Protection since 2013 ago.

Mentioned, financial institutions that have made consumers descendants of black, Hispanic and Asian pay higher installments than consumers Whites. Thus, the price they have to pay the higher of US $ 150-250.

A number of dealers where consumers descent black, hispanic, and Asia was allegedly set higher prices for consumers than whites. As a result, they paid installments also higher.

However, Honda confirmed that it did not carry out the practice. "AHFC is strongly opposed to all forms of discrimination, and we expect our dealers to enforce this principle as well. We are confident that our lending practices have been fair and transparent," Honda said in a statement.