The staff of the Federal Trade Commission has provided the Consumer Financial Protection Bureau an annual summary of its enforcement and related activities on the Equal Credit Opportunity Act (ECOA).
Cases involving car dealerships were highlighted in the report, including:
The FTC is responsible for ECOA enforcement and education regarding most non-bank financial service providers. In its summary, FTC staff describes the commission’s work on ECOA-related issues, including activities addressed in enforcement, research, and policy development.