Thank you for visiting the Consumerist Archives
Thank you for visiting Consumerist.com. At the time of October 2017, Consumerist is not any longer producing brand new content, but go ahead and flick through our archives. Right Here you’ll find 12 years well worth of articles on sets from how to prevent dodgy frauds to composing a highly effective problem page. Consider a few of our best hits below, explore the groups noted on the left-hand region of the web web web page, or head to CR.org for reviews, reviews, and customer news.
CFPB: ACE Money Express Need To Pay $10M For Pushing Borrowers Into Pay Day Loan Pattern Of Financial Obligation
The customer Financial Protection Bureau announced Thursday it was searching for an enforcement action against ACE money Express, among the biggest payday loan providers in the usa, for allegedly participating in unlawful business collection agencies techniques to be able to push customers into taking right out extra loans they are able to perhaps not manage.
Texas-based ACE will give you $5 million in refunds to customers in addition to having to pay a $5 million penalty when it comes to so-called violations. Continue reading