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Home » Store » State Regulation » CFPB Executes First Joint Enforcement Action with States

CFPB Executes First Joint Enforcement Action with States

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State Regulation

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The CFPB convinced a federal district court in Miami to require a nationwide debt-relief services company to refund up to $100,000 to consumers who were allegedly unlawfully charged advance fees for debt settlement services. State Attorneys General of New Mexico, North Carolina, North Dakota and Wisconsin and the Hawaii Office of Consumer Protection joined the bureau’s lawsuit, making this the CFPB’s first joint-enforcement action with the states. The bureau asserted that the defendant, Payday Loan Debt Solution...
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