AFC titled cars in Arkansas by signing an “Affidavit of Repossession” even though cars were purchased and located in New Jersey.

In 2009, New Jersey’s Governor Corzine and Attorney General Milgram reached agreement with Automotive Finance Corporation (AFC) regarding possible title fraud. Read more »

The California DMV, instead of protecting its citizens, has the victim of loan-sharks arrested. A Lancaster, CA dealer was arrested when he was unable to continue paying the 500% usurious interest charges by unlicensed flooring lenders AFC and DSC. Read more »

Automotive Finance Corporation guilty conversion verdict upheld by Court of Appeals
AFC tells car owner: “Well, you're going to have to pay for it again if you want to take it. We won't give you a release.” Read more »