The Attorney General of Pennsylvania announced separate settlements with the former Chief Executive Officer of Think Finance and a debt collector, National Creditor Adjusters (NCA), in relation to a $133 million allegedly illegal online payday lending scheme. As part of its settlement, NCA has agreed to pay more than $600,000 …
Read More »Native American Association Files Brief in Support of Lender Being Sued by BCFP
A trade group has filed an amicus brief in support of an online lender that is being sued by the Bureau of Consumer Financial Protection for collecting on loans that were allegedly illegal. The lawsuit was filed last November, just a few days before former bureau director Richard Cordray resigned …
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