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CFPB Alleges Provider Of Short-Term Loans Violated CFPA’S UDAAP Prohibition In Connection With Deposit Account Program

On November 5, 2020, the CFPB named Driver Loan, LLC (“Driver Loan”) and its Chief Executive Officer as defendants in a two-count complaint filed in a Florida federal district court that alleges they engaged in deceptive acts...more

CFPB sues debt collectors and debt buyers for alleged violations of CFPA, FDCPA, and 2015 consent order

Almost five years after entering into an administrative consent order with Encore Capital Group, Inc., Midland Funding, LLC, Midland Credit Management, Inc., and Asset Acceptance Capital Corp. (collectively, “Defendants”) to...more

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