Connect With Us
                     

NEWS

 

Iowa car dealership ordered to refund customers

by KIX101.1 /1230 KFJB News Department posted Jan 24 2014 10:01AM
~DES MOINES, Iowa (AP) - A used car dealership in eastern Iowa has been ordered to refund fees that officials say were improperly collected from customers.
 
     Urbana Motors Inc. was accused of collecting improper fees, sidestepping legal protections for consumers behind on payments, and not disclosing some costs. They have 90 days to contact affected customers.
 
     Attorney General Tom Miller said in a news release Thursday that Urbana Motors will return fees that state law did not entitle the company to collect. That includes late fees assessed before 10 days after a payment was due.
 
     Urbana Motors says it will accurately disclose total sales prices, annual percentage rates and other amounts. The company said it will forgive any outstanding balance for customers whose vehicles were improperly repossessed in the past two years.
Filed Under :
Location : Eastern IowaIowa~des Moines
People : Tom Miller
01/24/2014 10:05AM
Iowa car dealership ordered to refund customers
Please Enter Your Comments Below
Title :
Comment :
On Air Now
Kix Listener Club
Recent Posts
Iowa regulators to hold forums on investment scams
Branstad: Action needed to protect Iowa students
Panel asks managers to return for more questioning
Senator wants review of Iowa Veterans Home firings
Iowa Senate approves preschool expansion plan
Tag Cloud
Categories 
Archives