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CFPB v. Cash Advance Debt Solution
In December 2012, the CFPB, aided by the states of Hawaii, New Mexico, new york, North Dakota and Wisconsin, sued the Payday Loan Debt Solution organization for “violating state and federal debt settlement legislation” by not supplying debt settlement solutions to customers whom paid costs. Payday Loan Debt Solution had been bought to refund $100,000 to clients…
CFPB v. National Legal Help Center; CFPB v. potential Edward Gordon d/b/a Gordon & Associates , Abraham Michael Pessar et al.
In 2012, the CFPB sued the nationwide Legal Help Center and potential Gordon along with his law practice, Gordon & Associates, for “loan modification frauds” that allegedly charged home owners to lessen their mortgage repayments with “little, if any, significant support to change home owners’ home mortgages or counter property property foreclosure,” that will be a “violation of federal legislation.”
CFPB – Discover Bank
In September 2012, the CFPB and FDIC issued a permission order to uncover Bank for misleading and pressuring clients into buying products that are add-on. Discover ended up being bought to refund $200 million to more or less 3.5 million clients for presumably customers that are enrolling programs “without their permission, misled them in regards to the advantages and left clients thinking the merchandise.
CFPB v. Meracord LLC, Linda Remsberg
A payment processing company, for assisting “debt-relief companies enforce unlawful upfront costs. Continue reading “Latest Enforcement Tracker, Cash Advance Debt Solution”