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CFPB comes into into permission order with small-dollar loan provider to stay alleged TILA and UDAAP violations
CFPB comes into into permission order with small-dollar loan provider to stay alleged TILA and UDAAP violations The CFPB announced it has entered into a permission purchase with principal Street private Finance, Inc. as well as 2 subsidiaries (Main Street), each a small-dollar loan provider, to stay the CFPB’s allegations that principal Street (1) violated the reality in Lending Act …
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