Category : Payday Cash Loans Online

CFPB Techniques Against Cash Advance Industry, Orders ACE Cash Express To Pay For $10 Million

CFPB Techniques Against Cash Advance Industry, Orders ACE Cash Express To Pay For $10 Million The lending company, ACE money Express, “used false threats, intimidation, and harassing phone phone calls to bully payday borrowers into a period of financial obligation,” said CFPB Director Richard Cordray. “This culture of coercion drained millions of bucks from cash-strapped consumers who’d few choices to fight.” For instance, the CFPB states customers encountered the danger of additional charges, being reported to credit scoring agencies and […]