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August 18, 2020August 18, 2020

Recommendations & Tips To Utilize Once You Make An Application For On The Web Loans

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August 18, 2020August 18, 2020

CFPB Takes Action Against ACE Cash Express for Pushing Payday Borrowers Towards Cycle of Financial Obligation

Today, the buyer Financial Protection Bureau (CFPB) took enforcement action against ACE money Express, among the payday lenders that are largest in america, for pressing payday borrowers in to a period of financial obligation. The CFPB discovered that ACE utilized unlawful financial obligation collection techniques – including harassment and false threats of legal actions or unlawful prosecution – to pressure overdue borrowers into taking right out additional loans they might perhaps not manage. Continue reading “CFPB Takes Action Against ACE Cash Express for Pushing Payday Borrowers Towards Cycle of Financial Obligation”