Chester County News and Community Website
When you need money, the last thing you want to worry about is whether or not you will be approved for a loan. The good news is that there are …
The Easiest Loans to Get Approved For: How to Score a Loan Without Worry Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently filed a lawsuit accusing payday lender ACE Cash Express of concealing free repayment plans from struggling borrowers. Because of ACE’s …
CFPB Sues ACE Cash Express for Illegal Practices that Stuck Borrowers with Thousands in Fees Read More
WASHINGTON, D.C. — The Federal Trade Commission says it is sending 26,698 checks totaling more than $970,000 to consumers who were harmed by a deceptive payday lending scheme that operated …
Federal Trade Commission Returns More Than $970,000 to Consumers Harmed by Deceptive Payday Lending Operation Read More
WASHINGTON, D.C. — The staff of the Federal Trade Commission recenlty provided its annual report to the Consumer Financial Protection Bureau on its enforcement and related activities in 2021 regarding the …
FTC Staff Provides Annual Report to CFPB on 2021 Activities Regarding Financial Acts Read More
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) recently released its Supervisory Highlights report on legal violations identified during the CFPB’s supervisory examinations in the second half of 2021. …
National Report Finds Unlawful Auto Repossessions, Breakdowns in Credit Report Disputes Read More
WASHINGTON, D.C. — A report recently published by the Consumer Financial Protection Bureau (CFPB) shows few payday loan borrowers are benefiting from no-cost extended payment plans, which are required to …
CFPB Finds Payday Borrowers Continue to Pay Significant Rollover Fees Despite State-Level Protections Read More WASHINGTON, D.C. — New research in a staff report from the Federal Trade Commission shows a number of key differences in the way that fraud and other consumer problems affect …
New FTC Staff Report Outlines Impact of Fraud on Communities of Color Read More
WASHINGTON, D.C. — The owners and operators of a vast payday lending scheme that overcharged consumers millions of dollars will be permanently banned from the lending industry under the terms …
Federal Government Acts to Ban Payday Lender from Industry, Forgive Illegal Debt Read More