Monday, September 19, 2016

Consumer financial agency wins court case against cConsumer financial agency wins court case against Cashcall

The fight for fair lending got a big boost on August 31 when a federal court rejected a payday loan collector’s attempt to evade consumer laws. The decision against CashCall, a California-based online payday and installment lender, upheld the Consumer Financial Protection Bureau’s (CFPB) authority to investigate and fine lenders for unfair, abusive or deceptive practices.

from http://baltimoretimes-online.com/news/2016/sep/19/consumer-financial-agency-wins-court-case-against-/

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