Payday Lenders Plan a Fight After Warren, Sanders Declare Presidential Bids Advocates for and against CFPB’s payday financing guidelines state industry lobbying efforts to intensify in runup to 2020 The payday financing lobby payday loans Maryland has mainly remained underneath the radar in past election rounds as other hot-button dilemmas like Wall Street legislation and […]
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CFPB Takes Action Against Business Collection Agencies Firm EZCORP, Inc. and Problems Face-to-face Commercial Collection Agency Compliance Bulletin Blog Dodd Frank On December 16, 2015, the customer Financial Protection Bureau (CFPB) announced an administrative enforcement action against commercial collection agency company EZCORP, Inc. (EZCORP), for allegedly doing unlawful business collection agencies methods in breach associated […]
Supreme Court of Georgia Rules Against Payday Lenders On October 31, 2016, the Supreme Court of Georgia issued a lengthy opinion governing against payday loan providers in 2 situations consolidated on appeal. The 2 instances (Western Sky Financial, LLC v. State of Georgia, No. S16A1011 and State of Georgia v. Western Sky Financial, LLC, No. […]