Skip to content
  • Sign In
  • Create Account
  • Sign Out
  • My Account
Cart
  • Inside Mortgage Finance
  • MBS & ABS
  • The GSEs
  • The CFPB
  • Mortgage Trends
  • FHA/VA Lending
  • Nonconforming Markets
  • Data
    • Subscribe to Data
Home » World Acceptance Corp. Faces Legal Action From the CFPB
Looking to read the full article? Register for free access to IMFnews content today!

World Acceptance Corp. Faces Legal Action From the CFPB

August 24, 2015
World Acceptance Corp., a publicly traded small-loan consumer finance company based in Greenville, SC, recently revealed that CFPB enforcement staff is considering whether to recommend the agency bring legal action against the company. The company received a civil investigative demand from the bureau back in March, the stated purpose of which is to determine whether the company has been or is “engaging in unlawful acts or practices in connection with the marketing, offering, or extension of credit.” World Acceptance Corp. responded, within the deadlines specified in the CID, to “broad requests for the production of documents, answers to interrogatories and written reports related to loans made by the company and numerous other aspects of the company’s business,” the firm said ...
News Inside the CFPB Enforcement Supervision & Examination
Purchase this article for $55.00
Subscribe To The Newsletter

Latest Imf News

  • Agency MBS Issuance Soars in April, Prior to Lending Disruption

  • Refi Retention Rate Declines in First Quarter

  • Rate Locks Decline in April, Even for Purchase Mortgages

  • Income Up Sharply at Figure in First Quarter

More Imf News

Featured Data

  • Mixed Trends for Largest Ginnie Servicers in 1Q

  • Investment-Property Loans Drive Up ECM MBS Issuance

  • Mixed Trends for Mortgage Originations in 1Q

  • Mortgage Complaints Filed With the CFPB Surge in 1Q

More Featured Data

Featured Reports

  • Top Mortgage Players: 4Q25 (PDF)

  • IMF HMDA Dashboard: 2025

  • 2026 Mortgage Market Statistical Annual (PDF)

  • Mortgage Servicing Rights Report: 4Q25 (PDF)

More Latest Reports

Featured Poll

As homeowner equity continues to build, more and more lenders are launching home equity lending products. Are you thinking of joining this market?

View Results
  • About
    • About Inside Mortgage Finance
    • Contact Us
    • Advertising
    • Privacy Policy/Terms
    • Article Reprints/Web Postings
    • Copyright FAQ
  • Customer Center
    • Subscribe
    • Request a Sample
    • Account Inquiries
    • Change of Address
    • Change of Delivery Method
    • Data Licensing
    • Password Reminder
    • Group Subscriptions
    • Refunds
    • Renew Your Subscription
    • E-mail Newsletters
  • Mortgage Data
    • Origination
    • Servicing and Portfolios
    • Mortgage Insurance
    • Securitization
    • Agency MBS Activity
    • Non-Agency MBS Activity
    • MBS Investor Activity
    • ABS Activity
    • Commercial MBS Activity
    • Funding Activity
    • Earnings and Financials
    • Regulatory Data
    • Mortgage Rates and Terms
    • Subscribe to Data
    • Lender Profiles
    • HMDA Dashboard
    • Contacts Directory
    • Custom Data
    • Data Licensing
  • Reports
    • Data Reports
    • Industry Studies
    • Regulatory Reports
    • Statistical Annual
    • Free Reports

© Copyright 2026 Inside Mortgage Finance Publications
Design, CMS, Hosting & Web Development :: ePublishing