Welcome to the Consumerist Archives
Many thanks for visiting Consumerist.com. At the time of October 2017, Consumerist isn’t any longer creating content that is new but take a moment to flick through our archives. Right here you can find 12 years well worth of articles on sets from steer clear of dodgy frauds to composing an complaint letter that is effective. Take a look at some of our best hits below, explore the groups noted on the side that is left-hand of web page, or check out 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 buyer Financial Protection Bureau announced Thursday they could not afford that it was seeking an enforcement action against ACE Cash Express, one of the largest payday lenders in the United States, for allegedly engaging in illegal debt collection practices in order to push consumers into taking out additional loans.
Texas-based ACE will offer $5 million in refunds to customers together with having to pay a $5 million penalty for the violations that are alleged.