Payday loan provider Cash America fined over claims of robo-signing, gouging army people

For 5 years, employees at money America, one of many country’s largest payday loan providers, had been told to stamp a lawyer’s signature on court papers utilized to sue clients for past-due debts. This “robo-signing” aided the business improperly fit cash away from at the least 14,397 Us citizens, who’re eligible to vast amounts in restitution, the buyer Financial Protection Bureau stated Wednesday. The federal government watchdog stated it had reached a $19 million settlement with mone

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