Easy Online Installment Loans In Montana

CFPB Takes Action Against ACE Money Express for Pressing Payday Borrowers Towards Pattern of Financial Obligation

Posted by on Aug 6, 2020 in Easy Online Installment Loans In Montana | Comments Off

Today, the customer Financial Protection Bureau (CFPB) took enforcement action against ACE money Express, among the payday lenders that are largest in the usa, for pressing payday borrowers into a period of financial obligation. The CFPB discovered that ACE utilized unlawful debt collection techniques – including harassment and false threats of legal actions or unlawful prosecution – to pressure overdue borrowers into taking out extra loans they are able to perhaps not manage.

Read More