The Consumer Financial Protection Bureau (CPFB) expanded its probe into the car loan industry by issuing subpoenas to auto lenders over the sale of financial products like extended warranties, the Wall Street Journal reported on Thursday, citing people familiar with the investigation. The consumer bureau is investigating whether terms and prices for auto loans, as well as additional products like extra insurance, are properly disclosed. The probe follows a similar investigation into deceptive marketing practices by credit card companies, the Journal said. The CPFB, a regulator that was created by the 2010 Dodd-Frank financial law and given authority over mortgages, credit cards and other products, has not yet decided if it will investigate the financial arms of large auto makers like Toyota and Ford but does have the authority to fine them if it decides they have broken the law, the Journal said, citing agency officials. The U.S. Justice Department will also investigate
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