U.S. agency enters $1.5 mln judgment on payday lender but slashes return of funds
18 Jul U.S. agency enters $1.5 mln judgment on payday lender but slashes return of funds
Posted at 20:03h
in
News
by KMFSLLP
The U.S. consumer finance
watchdog ordered an Alabama-based payday lender on Thursday to
return $500,000 to borrowers who were overcharged, a fine that
people familiar with the matter said was only a third of what
the prior Obama-era head of the agency had sought.
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