UPDATE 1-U.S. Bank, partner to refund $6.5 mln over auto lending

Newswire

By Emily Stephenson WASHINGTON, June 27 (Reuters) - U.S. Bancorp's U.S. Bank and a nonbank partner will refund about $6.5 million to U.S. military personnel over auto lending practices regulators said were deceptive, the Consumer Financial Protection Bureau said on Thursday. U.S. Bank and its partner, Dealers' Financial Services of Lexington, Kentucky, failed to properly disclose all of the fees associated with auto loans made through a program ...

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