Chimicles & Tikellis is investigating a potential class action lawsuit on behalf of consumers who received loans from major automobile manufacturers. It is alleged that certain manufacturers have engaged in discriminatory lending in violation of the Equal Credit Opportunity Act, a law passed in 1974 that makes it unlawful for a creditor to discriminate against a loan applicant on the basis of race, color, religion, national origin, sex, marital status, or age. It is further alleged that the discriminatory lending practices in question are often loans consumers receive through “dealer participation” or “dealer-assisted finance” whereby the manufacturer or dealer increases the interest rates for unlawful reasons. If you or someone you know believes they were discriminated against by receiving a high interest loan from an automobile manufacturer or dealership, please use the “Email us about this Case” button to contact the attorneys below.
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