Colorado AG Settles for $4M with Credit Unions over GAP Refunds

Colorado borrowers will receive $4 million in settlement from Bellco and Canvas credit unions in GAP fee case

This repossession and payoff process deficiency has existed in most credit unions for decades has existed for decades. It was just a matter of time until it caught up to someone, and boy did it! If your credit union has not already addressed these refund issues, you had better get into gear.

Colorado AG Settles for $4M with Credit Unions over GAP Refunds –Credit Union Collections – Credit Union Collectors  – Colorado