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Home » Store » News » FTC Signs Decree v. Lender For Deceptive Loan Practices

FTC Signs Decree v. Lender For Deceptive Loan Practices

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TILA/Regulation Z The Federal Trade Commission signed off on a consent agreement with a Dallas-based subprime lender, barring the latter from running misleading subprime loan advertisements and misrepresenting consumer savings on high-cost loans. The FTC accepted the proposed consent decree against FirstPlus Financial Group, Inc. last month, marking the agency’s first completed action against a consumer finance company for alleged abusive lending practices.
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