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CFPB Files Action Against Fintech For Allegedly Violating Previous Order, Deceiving Customers, Withdrawing Funds Without Consent - Fin Tech

On November 15, the CFPB issued an order requiring an Illinois-based fintech lender to pay $15 million in fines. The order additionally prohibits the company from operating in certain...
United States Longer Offer Certain Short Term Loans Auto Debiting Processes Executive Compensation Civil Penalty Corporate Commercial Law
Source: mondaq.com

CFPB Files Action Against Fintech for Allegedly Violating Previous Order, Deceiving Customers, Withdrawing Funds Without Consent | Sheppard Mullin Richter & Hampton LLP

On November 15, the CFPB issued an order requiring an Illinois-based fintech lender to pay $15 million in fines. The order additionally prohibits the company from operating in certain...
United States Sheppard Mullin Richter Hampton Sheppard Mullin Richter Longer Offer Certain Short Term Loans Auto Debiting Processes Executive Compensation

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