Fines

5 min read

CFPB Orders Fifth Third Bank to Pay for CPI Caused Repossessions

July 9, 2024 Cucolle1

CFPB Orders Fifth Third Bank to Pay for CPI Caused Repossessions Ordered to Pay...

6 min read

Collection Agency Fined $25M for Continued Illegal Debt Collection Practices

March 23, 2023 Cucolle1

CFPB Orders Repeat Offender Portfolio Recovery Associates to Pay More Than $24 Million for...

6 min read

TitleMax Ordered to Pay $15M over Predatory Lending to Military Families

February 23, 2023 Cucolle1

Repeat offender doctored information, ignored military protection law, and levied fees for useless products...

3 min read

Westlake Financial settles over SSCRA violations

September 28, 2022 Cucolle1

Westlake Financial to Pay Over $225,000 to Resolve Servicemembers Civil Relief Act Claims FOR...

1 min read

Bill proposes SCRA like credit protections for federal workers

October 12, 2021 Cucolle1

Threats of Jail and Fines for non-court authorized Collections, Foreclosure and Repossession Actions While...

1 min read

Wells Fargo hit with a $250 million penalty cease and desist order

September 9, 2021 Cucolle1

WASHINGTON—The Office of the Comptroller of the Currency (OCC) today assessed a $250 million...

1 min read

Expect CFPB Enforcement to Increase Under the Biden Administration

March 2, 2021 Cucolle1

EDITORIAL Enforcement and litigation directed at the consumer financial services industry is expected to...

1 min read

California to Create its own “Mini-CFPB”

January 30, 2020 Cucolle1

Richard Cordray and California Governor Gavin Newsom Team Up to Create Yet Another Layer...

1 min read

Former Credit Union CEO Pleads Guilty to Multimillion-Dollar Embezzlement

November 29, 2018 Cucolle1

Manhattan, NY – 19 November 2018 – Disgraced former CEO of New York’s biggest...

1 min read

Wells Fargo Reports Unable to Refund $212M in CPI Until 2020

October 31, 2018 Cucolle1

WASHINGTON (Reuters) – Wells Fargo & Co will not finish paying back the estimated...

1 min read

Dealership Fined $2M in Loan Fraud Fines

September 5, 2018 Cucolle1

Erie, PA – 3 September 2018 – A Pennsylvania dealership has agreed to pay...

1 min read

Well Known LA Auto Lender Faces $48.3M in Fines and Relief for Alleged Illegal Collection Activities

October 2, 2015 Cucolle1 1

Los Angeles, CA – October 1, 2015 – For the second time this week,...