CFPB Takes Two Payday Lenders to the Woodshed
Cash Tyme made unauthorized charges, failed to identify consumer overpayments, made harassing collection calls to third parties, made marketing calls to parties listed as borrower references, and much, much more! What's funner than a shady payday lender? How about an off-shore payday lender? NDG Financial misrepresented to U.S. consumers that its loan agreements were not subject to U.S. law and could therefore cause arrests, lawsuits, imprisonment, and wage garnishments. [2/12/19]
