US CFPB Settles with FirstCash Over Military Lending Act Violations

Reported about 11 hours ago

The U.S. Consumer Financial Protection Bureau (CFPB) has reached a settlement with FirstCash Inc. for allegedly violating the Military Lending Act. FirstCash will set aside $5 million for servicemembers affected by unlawful pawn loans and pay a $4 million fine, pending court approval.

Source: YAHOO

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