Tag Archives: Populus Financial Group

CFPB Sues Payday Lender for Hiding Repayment Options

The Consumer Financial Protection Bureau yesterday filed a lawsuit against Populus Financial Group, which does business as ACE Cash Express, accusing the payday lender of hiding fee repayment plans from borrowers, allegedly inducing those consumers to pay $240 million in reborrowing fees. A copy of the complaint, filed in District …

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