Investigation causes $10M settlement with payday lender ACE money Express
The customer Financial Protection Bureau cited this visual from an ACE money Express training handbook to exhibit the short-term loan provider seeks to entice borrowers in to a period of financial obligation.
Texas-based ACE money Express, a big payday lender by having a franchise shop in Hattiesburg, happens to be struck with ten dollars million in charges through the fledgling Consumer Financial Protection Bureau.
ACE money Express, CFPB Director Richard Cordray charges, had been that are“relentlessly overzealous pursuit of overdue borrowers. ACE money Express unlawfully […]