…a written agreement with its loan holder or servicer that incorporates the offer that the provider obtained on the consumer’s behalf. The FTC also alleged that the companies encouraged consumers…
…a written agreement with its loan holder or servicer that incorporates the offer that the provider obtained on the consumer’s behalf. The FTC also alleged that the companies encouraged consumers…
…Paul, Minnesota. Enforcement Watch previously covered this suit here. The settlement agreement states that the bank has committed to meeting the credit needs of residents of Hennepin County, Minnesota, and…
…12. The First Circuit also held that, under the FAA, “‘contracts of employment … means agreements to perform work and includes independent-contractor agreements.” Id. at 23. However, because Plaintiff was…
…a material risk of harm resulted from the procedural violation of the FDCPA. The Hagy letter merely memorialized the agreement between the plaintiffs and Green Tree, rather than presenting any…
On February 23, 2018, the Office of the Attorney General of Virginia (“Virginia AG”) announced that it had entered into a settlement agreement with several affiliated online payday lenders and…
…According to the DOJ, it conducted an investigation that uncovered a total of 492 servicemembers for whom these funds had not been refunded. Under the terms of the settlement agreement,…
…end of 2017 until the Bank demonstrates improvement in these areas. This Order is in addition to settlement agreements the Bank entered into in September 2016 with the Consumer Financial…
…allegations. As part of the settlement agreement, the lender admitted that between January 1, 2005, and December 31, 2014, it certified for FHA insurance mortgage loans that did not meet…
…agreement had an arbitration clause.” According to the CFPB, the study revealed that the harms associated with mandatory arbitration clauses included the fact that these provisions overwhelmingly denied consumers their…
…to resolve claims relating to the servicing and debt collection activities on a portfolio of about 800,000 student loans. Under the proposed settlement agreement, the student loan trusts and a…
On September 28, 2017, the United States Attorney’s Office for the Eastern District of Pennsylvania (USAO) announced it entered a $3.6 million settlement agreement with a Utah Bank and its…
…First, on the issue of compliance, companies making automated calls will have to carefully monitor their behavior based on customer’s communications, which may be vague or generally difficult to apply…
…eligible for insurance, and ultimately paid insurance claims on these loans when the borrowers defaulted. A separate settlement agreement resolved allegations that the lender also violated the False Claims Act…
…student loan debt collection practices. According to the settlement agreement, over the course of several months in 2015, one company contacted consumers at their place of employment without permission and…
…the settlement agreement, the company will reimburse six D.C. consumers for all payments they made to the company, likely totaling over $12,000; pay $10,000 in costs and civil penalties to…
…to avoid arrest. The FTC further alleged that the defendants posed as legitimate small businesses, which may have harmed those entities’ reputations and customer relations. The federal court found good…
…Plaintiffs argue that FCRA’s applicability standards are met in this case because Horizon: (1) assembles and evaluates information included on enrollment forms for customers and potential customers, (2) assembles customer…
…consideration, and thereby becomes “irrevocable” as part of an agreement between contracting parties. Id. at 12-14. Where such consent exists in the contractual context, it is part of the consideration…
…(3) court filings that rely on arbitration agreements in support of a company’s request for dismissal, deferral or stay, and the arbitration agreement relied upon. § 1040.4(b)(1)(i)-(iii). In its announcement…
…pawnbroker also agreed to pay a $2,500 civil penalty and over $11,000 in attorneys’ fees. The agreement includes a permanent injunction prohibiting future violations of the VCPA and related statutes….