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Orrick, Herrington & Sutcliffe LLP

CFPB seeks withdrawal from auto finance suit

Orrick, Herrington & Sutcliffe LLP on

On April 24, the CFPB filed a memorandum in support of a consent motion to withdraw as a plaintiff in its enforcement action in the U.S. District Court for the Southern District of New York. The case involves the CFPB and the...more

Ballard Spahr LLP

Arizona AG issues opinion concluding that no-interest, non-recourse earned wage access products are not “consumer lender loans”...

Ballard Spahr LLP on

Mark Brnovich, the Arizona Attorney General, recently issued an opinion regarding whether earned wage access (EWA) products are “consumer lender loans” under the state’s Consumer Lenders Act (CLA) such that a person who...more

Cozen O'Connor

Subprime Auto Lender Settles Allegations Of Unfair and Deceptive Practices For $27.2 Million

Cozen O'Connor on

Massachusetts AG Maura Healey reached a settlement with national subprime auto lender Credit Acceptance Corporation (“CAC”) to resolve allegations that CAC engaged in unfair and deceptive practices in originating, collecting,...more

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