The customer bureau is playing good with payday lenders underneath the leadership of Mick Mulvaney.
The customer Financial Protection Bureau (CFPB) is using it simple on payday lenders accused of preying on low-income employees.
The CFPB said it is dropping sanctions against NDG Financial Corp, a group of 21 businesses that nearest extralend loans the agency, under President Obama, had accused of running “a cross-border online payday lending scheme” in Canada and the United States in the agency’s first report to Congress since Mick Mulvaney took the helm in November.
“The scheme primarily included loans that are making U.S. Continue reading “A lender that is payday accused of stealing millions from clients. Trump’s CFPB is currently permitting them from the hook.”