Business NewsMarketWire • CRL Statement on CFPB and State Actions Against CashCall

CRL Statement on CFPB and State Actions Against CashCall

CRL Statement on CFPB and State Actions Against CashCall

DURHAM, NC--(Marketwired - December 16, 2013) - Today's Consumer Financial Protection Bureau (CFPB) enforcement action against CashCall marks a decisive strike in the ongoing crackdown on payday lenders' defective business model. The CFPB found that loan servicer CashCall's practices of collecting loans on behalf of online lender Western Sky were unfair, deceptive, and abusive.

View More : http://www.marketwired.com/mw/release.do?id=1862878&sourceType=3
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CRL Statement on CFPB and State Actions Against CashCall