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Oh Snap! CFPB Sues Fintech Company under CFPA and TILA

August 7, 2023 By Sam Bragg

A&B Abstract: On July 19, 2023, the Consumer Financial Protection Bureau (CFPB) sued a Utah-based fintech company and several of its affiliates (the Company) for allegedly deceiving consumers and obscuring the terms of its financing agreements in violation of the Consumer Financial Protection Act (CFPA), the Truth in Lending Act (TILA), and other federal regulations. […]

Filed Under: Consumer Financial Protection Bureau (CFPB), Consumer Loan, Debt Collection, Dodd-Frank Act, Truth in Lending Act (TILA), Unfair, Deceptive and Abusive Acts or Practices (UDAAP) Tagged With: #CFPA, #CFPB, #debtcollection, Regulation Z, TILA

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#California #CCPA #CFPA #CFPB #COVID=19 #debtcollection #FCRA #FDCPA #GSEs #Massachusetts #mortgageservicing #New York #NYDFS #Part419 #Privacy #QMPatch #redlining abusive ATR/QM CARES Act Case law Connecticut Covid-19 CRA CSBS Cybersecurity data breach Debt Collection DOJ Eleventh Circuit Fair Lending fintech Forbearance Foreclosure HUD Illinois licensing mortgage lending Mortgage Servicing QM QM Patch Servicing student loan servicing TILA UDAAP

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