Let me make it clear about Payday Lender ACE Cash Express Fined $10 Million

Let me make it clear about Payday Lender ACE Cash Express Fined $10 Million

By Charlene Crowell NNPA Columnist

For the 2nd amount of time in as numerous years, the buyer Financial Protection Bureau (CFPB) has fined a significant payday loan provider. On July 10, Director Richard Cordray announced that certain associated with the country’s biggest payday lenders, ACE money Express, will probably pay ten dollars million in restitution and penalties for directing its workers to “create a feeling of urgency” whenever calling delinquent borrowers. Continue reading “Let me make it clear about Payday Lender ACE Cash Express Fined $10 Million”