Payday

CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
CFPB To LendUp: You Failed To Deliver, Pay Up $3.63 Million
September 28, 2016  |  CFPB

The Consumer Financial Protection Bureau said on Tuesday (Sept. 27) that it has taken action against an online lender, LendUp, with fines levied of $1.8...

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CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
CFO Lending Told To Pay Back More Than 97,000 Customers Due To Unfair Practices
September 20, 2016  |  Regulation

CFO Lending, a U.K. payday lender, was told by the U.K.’s markets regulator that it has to return to customers $44.4 million because of practices that...

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Online Payday Lenders Pay Up Over Deceptive Fees
Online Payday Lenders Pay Up Over Deceptive Fees
January 06, 2016  |  News

A duo of payday lenders have settled charges from the Federal Trade Commission (FTC) that they charged consumers in the United States for fees that...

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South Dakotans Propose Interest Rate Caps
South Dakotans Propose Interest Rate Caps
January 06, 2015  |  News

What started as a game plan to attract investment in South Dakota by annulling interest rate caps, may soon take a U-turn with opponents laying...

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