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Tag Archives: Automobiles
FTC Says Sage Auto Group Uses Deceptive Tactics
This is the FTC’s first action against an auto dealer for so-called “yo-yo” financing tactics: using deception or other unlawful pressure tactics to coerce consumers who have signed contracts and driven off the dealership lots into accepting a different deal. The FTC also alleges that the defendants packed extra, unauthorized charges for “add-ons,” or aftermarket products and services, into car deals financed by consumers. Continue reading
