CFPB sales EZCORP to pay for $10 Million for prohibited Debt Collection Tactics
Bureau problems Industry-Wide Warning On Residence, Workplace commercial collection agency dangers WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against EZCORP, Inc., a small-dollar loan provider, for unlawful commercial collection agency methods. These strategies included unlawful visits to customers at their domiciles and workplaces, empty threats of appropriate action, lying about consumers’ legal rights, and exposing customers to bank costs through illegal withdrawals that are electronic. Read More »
