Archive for the ‘Unsecured Payday Loans’ Category

A payday lender is accused of stealing millions from clients. Trump’s CFPB has become permitting them from the hook.

Dienstag, Januar 21st, 2020

A payday lender is accused of stealing millions from clients. Trump’s CFPB has become permitting them from the hook.

The customer Financial Protection Bureau (CFPB) is using it simple on payday lenders accused of preying on low-income employees.

The CFPB said it is dropping sanctions against NDG Financial Corp, a group of 21 businesses that the agency, under President Obama, had accused of running “a cross-border online payday lending scheme” in Canada and the United States in the agency’s first report to Congress since Mick Mulvaney took the helm in November. (mehr …)