CFPB Sues CashCall for Prohibited On The Web Loan Servicing

CFPB Sues CashCall for Prohibited On The Web Loan Servicing Bureau’s First On Line Lending Action Seeks Refund of Illegally Collected Cash Today the customer Financial Protection Bureau (CFPB) took its very very first action against an online loan servicer, CashCall Inc., its owner, its subsidiary, and its particular affiliate, for gathering cash customers failed …

Does the demise of QuickQuid sign the end of payday advances?

Does the demise of QuickQuid sign the end of payday advances? Final Friday saw the collapse regarding the UK’s payday lender that is largest QuikQuid, carrying out a raft of client complaints and payment claims. The business announced it absolutely was stopping great britain market “due to regulatory doubt” because of the business people failing …