Kategoria: Installment Loans In Montana No Credit Check

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The CFPB reached a settlement Thursday with one of the nation's largest payday lenders for $10 million over its illegal debt collection tactics in another sign that the payday loan industry is increasingly under siege.

The lending company, ACE money 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.