CFPB Finds Servicemembers Pay More in Auto Lending Market

AI Summary

• U.S. servicemembers face higher costs and greater financial risks in auto lending. • The CFPB report highlights issues specific to this demographic.

Texas Relevance

The article does not mention Texas, TX, TCUD, or any Texas-specific entities. It focuses on a broader issue affecting servicemembers nationwide.

Original Content

The CFPB published a report showing that U.S. servicemembers pay higher costs and face greater financial risks when taking out credit to buy a car.