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Payday Lender and CFPB Settle Debt Collection Allegations for $10 Million

Auto Finance  •  CFPA  •  CFPB  •  Debt Collection  •  EFTA  •  FDCPA  •  Payday Lending
On December 16, 2015, the CFPB announced a consent order and settlement with a small-dollar lender concerning its debt collection practices in 15 states.  According to the consent order, the lender’s unlawful conduct allegedly included: […]

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CFPB Summarizes Supervisory Trends for May through August, 2015

Banking  •  CFPB  •  Credit Reporting  •  Debt Collection  •  Fair Lending / Fair Servicing  •  FCRA  •  FDCPA  •  Student Loans
On November 3, 2015, the Consumer Financial Protection Bureau (CFPB) released its Supervisory Highlights report​ detailing the Bureau’s supervision efforts for May through August of 2015. The report summarizes the violations of consumer protection laws the […]

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