Tag Archives: UDAAP

The Consumer Financial Protection Bureau yesterday issued a compliance bulletin aimed at ensuring that consumers have the right and opportunity to post honest reviews about financial products and services that accurately reflect their opinions and experiences. The bulletin warns companies in the financial services industry that they may be found …

The Bureau of Consumer Financial Protection has announced a $5 million settlement with Security Group Inc., and its subsidiaries, Security Finance Corp. and Professional Financial Services Corp., after the payday lender was accused of engaging in unfair, deceptive, abusive acts or practices related to how it collected on those loans. The …