5 days ago · In November 2017, the CFPB filed a lawsuit against Think Finance, alleging that the company deceived consumers into repaying loans they did not ...
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People also ask
Is the CFPB lawsuit real?
In November 2017, the CFPB filed a lawsuit against Think Finance, LLC, and six of its subsidiaries for engaging in unfair, deceptive, and abusive acts and practices that violated the Consumer Financial Protection Act.
4 days ago
Is the Think Finance settlement check real?
The federal agency on Tuesday said it allocated more than $384 million to roughly 191,000 consumers who fell victim to Texas-based Think Finance, an online lender. The money was distributed by the CFPB through its victims relief fund, also known as the Civil Penalty Fund.
Why am I getting a check from CFPB?
Payments to harmed consumers
The CFPB takes action against companies and individuals who have broken consumer financial protection laws. If you've been harmed, you might be eligible to receive a payment through the Civil Penalty Fund.
Does the CFPB actually do anything?
Our work includes: Rooting out unfair, deceptive, or abusive acts or practices by writing rules, supervising companies, and enforcing the law. Enforcing laws that outlaw discrimination in consumer finance. Taking consumer complaints.
5 days ago · The CFPB's lawsuit alleged that Think Finance, or one of its subsidiaries, illegally collected loans that were completely or partially void ...
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Browse court documents and other related materials to enforcement actions taken by the Bureau against entities or persons we believe have violated the law.
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Jan 22, 2024 · Learn more about the offices and divisions of the Consumer Financial Protection Bureau.
It supervises banks, lenders, and large non-bank entities, such as credit reporting agencies and debt collection companies. The Bureau also works to make credit ...
The Consumer Complaint Database is a collection of complaints about consumer financial products and services that we sent to companies for ...
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We offer clear, impartial answers to hundreds of financial questions. Find the information you need to make more informed choices about your money.
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CFPB to distribute nearly $40 million to consumers misled by fintech company LendUp Loans. More than 118,000 consumers who were falsely promised lower interest ...
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