let me make it clear about customer Finance Enforcement Watch

let me make it clear about customer Finance Enforcement Watch

CFPB Wins Judgment Against on the web Payday Lender in Lawsuit Alleging “Rent-a-Tribe” Scheme and Violations of State Usury Laws

the customer Financial Protection Bureau (CFPB) obtained judgment that is summary a California-based online payday loan provider, its specific owner, its subsidiary, and a servicer of their loans, which allegedly utilized a “rent-a-tribe” scheme in order to prevent state usury and licensing laws and regulations in breach of this customer Financial Protection Act. (more…)

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