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CFPB Fines Titlemax Parent Business $9 Million for Luring Customers Into more loans that are costly

CFPB Fines Titlemax Parent Business $9 Million for Luring Customers Into more loans that are costly WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) took action against TitleMax parent company TMX Finance LLC for luring consumers into costly loan renewals by presenting them with misleading information about the deals' terms and costs today. The financial institution additionally utilized unjust...


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Without a doubt about Congress Bans Short-Term Lending, the Poor Pay a High cost

Without a doubt about Congress Bans Short-Term Lending, the Poor Pay a High cost Key Takeaways The VFCA would make it unlawful for a loan provider to present some body with a $250 cash loan and then pay off the “loan” a week later on with a ten dollars cost. About one-in-five Us americans can't get a bank cards. There...


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When PNC Bank shut Latoya’s account that is checking the money Store referred her account to a group agency.

When PNC Bank shut Latoya’s account that is checking the money Store referred her account to a group agency. Latoya now needed to cope with harassing telephone calls from loan companies at title loan no credit check Jackson house and work. In-may, 12 months after taking right out the initial loan of $1,600, Latoya ended up being sued because of...


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