CFPB Takes Action against ACE Money Express for Prohibited Advance Loan Techniques
2021-01-04
CFPB Takes Action against ACE Money Express for Prohibited Advance Loan Techniques The customer Financial Protection Bureau (CFPB) has received enforcement action against ACE money Express, one of many biggest cash loan providers in america, for pressing payday borrowers into an occasion amount of economic duty. The CFPB found that ACE utilized obligation that is unlawful is monetary techniques including harassment and false threats of appropriate actions or unlawful prosecution to stress overdue borrowers into taking out fully additional loans they may be able perhaps perhaps perhaps perhaps not manage.Read More →