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CFPB Takes Action against ACE Money Express for Prohibited Advance Loan Methods The buyer Financial Protection Bureau (CFPB) has received enforcement action against ACE money Express, one of many biggest cash loan providers in the usa, for pressing payday borrowers into a period period of financial duty. The CFPB found that ACE utilized obligation that

Federal Court Certifies towards the Ninth Circuit the CFPB’s Challenge Based on the Consumer Financial Protection Bureau (CFPB), the business joined right into a lending contract with a entity that is tribal by an associate of a indigenous United states Indian Reservation. The tribal entity originated consumer installment loans (typically payday loans) and then immediately