The financial institution, ACE Cash Express, «used false threats, intimidation, and harassing phone telephone phone calls to bully payday borrowers right into a period of financial obligation,” said CFPB Director Richard Cordray. “This tradition of coercion drained millions of bucks from cash-strapped customers that has few choices to react.»
For instance, the CFPB states customers encountered the risk of additional costs, being reported to credit rating agencies and criminal prosecution if they did not make re re payments. Continuar leyendo «CFPB Moves Against Cash Advance Industry, Orders ACE Cash Express To Cover $10 Million»