Ace Cash Express Stacked the Deck against Consumers, CFPB Collects the $10 Million Dollar Pot
The Consumer Protection Bureau (CFPB) slapped Ace cash express with a $5 million dollar fine and ordered $5 million in restitution and refunds to borrowers. The CFPB found that “Ace used false threats, intimidation, and harassing phone calls to bully pay day borrowers into a cycle of debt,” said CFPB Director Richard Cordray. Ace […]
The post Ace Cash Express Stacked the Deck against Consumers, CFPB Collects the $10 Million Dollar Pot appeared first on Allmand Law Firm PLLC.
Updated daily, this blog will keep you informed on the latest bankruptcy news!
Learn more about how Bankruptcy works and what you need to know.