Consumer Financial Protection Bureau Issues Final Rule on Small Dollar Lending

The Consumer Financial Protection Bureau today issued a final rule concerning small dollar lending in order to maintain consumer access to credit and competition in the marketplace.

The Consumer Financial Protection Bureau today issued a final rule concerning small dollar lending in order to maintain consumer access to credit and competition in the marketplace.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-issues-final-rule-small-dollar-lending/

Consumer Financial Protection Bureau Files Suit Against Loan Doctor and Edgar Radjabli for Deceptive Acts and Practices in Marketing a Savings CD Account

The Consumer Financial Protection Bureau filed a lawsuit against My Loan Doctor LLC, a Delaware financial-services company operating in West Palm Beach, Florida and New York City and doing business as Loan Doctor, and its founder, Edgar Radjabli.

The Consumer Financial Protection Bureau filed a lawsuit against My Loan Doctor LLC, a Delaware financial-services company operating in West Palm Beach, Florida and New York City and doing business as Loan Doctor, and its founder, Edgar Radjabli.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-files-suit-against-loan-doctor-edgar-radjabli-deceptive-acts-practices/

Consumer Financial Protection Bureau Settles with Short-term Lenders for Engaging in Unfair and Deceptive Acts and Practices

The Consumer Financial Protection Bureau announced a settlement with Main Street Personal Finance, Inc. and its subsidiaries.

The Consumer Financial Protection Bureau announced a settlement with Main Street Personal Finance, Inc. and its subsidiaries.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-settles-short-term-lenders-engaging-unfair-deceptive-acts-practices/

Consumer Financial Protection Bureau, South Carolina, and Arkansas File Suit Against Brokers of High-Interest Credit Offers

The Consumer Financial Protection Bureau (Bureau), the South Carolina Department of Consumer Affairs (South Carolina), and Arkansas Attorney General Leslie Rutledge filed a lawsuit in federal district court in the District of South Carolina against Can…

The Consumer Financial Protection Bureau (Bureau), the South Carolina Department of Consumer Affairs (South Carolina), and Arkansas Attorney General Leslie Rutledge filed a lawsuit in federal district court in the District of South Carolina against Candy Kern-Fuller, Howard Sutter III, and Upstate Law Group LLC. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-south-carolina-arkansas-file-suit-against-brokers-of-high-interest-credit-offers/

Consumer Financial Protection Bureau Settles Lawsuit Against Think Finance Entities

The Consumer Financial Protection Bureau announced a proposed settlement with Think Finance, LLC, formerly known as Think Finance, Inc.

The Consumer Financial Protection Bureau announced a proposed settlement with Think Finance, LLC, formerly known as Think Finance, Inc.

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-settles-lawsuit-against-think-finance-entities/

CFPB, Arkansas State AG Settle with Brokers of High-Interest Credit Offers

The Consumer Financial Protection Bureau (Bureau) and the Office of the Arkansas Attorney General today filed a proposed settlement with Andrew Gamber; Voyager Financial Group, LLC; BAIC, Inc.; and SoBell Corp. 

The Consumer Financial Protection Bureau (Bureau) and the Office of the Arkansas Attorney General today filed a proposed settlement with Andrew Gamber; Voyager Financial Group, LLC; BAIC, Inc.; and SoBell Corp. 

Read more / Original news source: https://www.consumerfinance.gov/about-us/newsroom/cfpb-arkansas-state-ag-settle-brokers-high-interest-credit-offers/