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Short-Term Loans › Deposit Accounts › Consumer Financial Protection Act (CFPA)

Ballard Spahr LLP

CFPB Alleges Provider Of Short-Term Loans Violated CFPA’S UDAAP Prohibition In Connection With Deposit Account Program

Ballard Spahr LLP on

On November 5, 2020, the CFPB named Driver Loan, LLC (“Driver Loan”) and its Chief Executive Officer as defendants in a two-count complaint filed in a Florida federal district court that alleges they engaged in deceptive acts...more

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