Press release Published APR 27, 2017 CFPB Sues Four Online Lenders for Collecting on Debts Consumers Did Not Legally Owe Bureau Alleges Companies Deceived Consumers About Debt That Was Not Legally Owed. • Payday loans • Small dollar lending • Enforcement
Press release Published FEB 02, 2017 CFPB and State of Virginia Take Action Against Woodbridge Gold & Pawn for Deceiving Consumers About Loan Costs Pawnbroker to Pay Restitution to Consumers and End Deceptive Disclosures. • Enforcement • Small dollar lending • Payday loans
Press release Published DEC 19, 2016 CFPB Takes Action Against Pawn Companies for Deceiving Consumers About Loan Costs Bureau Alleges Four Virginia Pawnbrokers Disclosed Misleading Annual Percentage Rates. • Enforcement • Small dollar lending • Payday loans
Press release Published DEC 16, 2016 CFPB Takes Action Against Moneytree for Deceptive Advertising and Collection Practices Bureau Orders Financial Services Company to Pay $255,000 to Consumers. • Payday loans • Civil Penalty Fund • Small dollar lending • Enforcement • Fair lending
Press release Published NOV 03, 2016 CFPB Takes Action Against B&B Pawnbrokers For Deceiving Consumers About Loan Costs Bureau Alleges Virginia Pawnbroker Disclosed Misleadingly Low Annual Percentage Rate. • Enforcement • Small dollar lending
Press release Published SEP 27, 2016 CFPB Orders LendUp to Pay $3.63 Million for Failing to Deliver Promised Benefits Online Lender Did Not Help Consumers Build Credit or Access Cheaper Loans, As It Claimed. • Enforcement • Civil Penalty Fund • Small dollar lending • Payday loans
Press release Published JUN 30, 2016 Consumer Financial Protection Bureau Supervisory Actions Return $24.5 Million To A Quarter-Million Consumers Harmed By Illegal Activities Report Highlights Violations in Auto Origination, Debt Collection, Mortgage Origination and Small-dollar Lending. • Debt collection • Auto loans • Small dollar lending • Supervision • Mortgages