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Customer Financial Protection Bureau Takes Action Against Payday Lender For Robo-Signing

Washington, D.C. – The Consumer Financial Protection Bureau (CFPB) today took its very first enforcement action against a payday lender by purchasing money America Global, Inc. To refund consumers for robo-signing documents with debt collection legal actions. The CFPB additionally unearthed that money America – among the biggest short-term, small-dollar loan providers in the country …
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