For Pushing Borrowers Into Pay Day Loan Pattern Of Financial Obligation

For Pushing Borrowers Into Pay Day Loan Pattern Of Financial Obligation

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CFPB: ACE Money Express Need To Pay $10M For Pushing Borrowers Into Pay Day Loan Pattern Of Debt

The customer Financial Protection Bureau announced Thursday they could not afford that it was seeking an enforcement action against ACE Cash Express, one of the largest payday lenders in the United States, for allegedly engaging in illegal debt collection practices in order to push consumers into taking out additional loans.