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KM Financial Solutions | UPDATE 1-U.S. consumer watchdog dilutes penalty against payday lender -sources
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UPDATE 1-U.S. consumer watchdog dilutes penalty against payday lender -sources

23 Oct UPDATE 1-U.S. consumer watchdog dilutes penalty against payday lender -sources

Posted at 17:53h in News by
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Mick Mulvaney, the head of
the U.S. Consumer Financial Protection Bureau (CFPB) on
Wednesday fined a payday lender $200,000 for wrongly hounding
borrowers but the penalty fell short of the $3 million his
predecessor was seeking, said three sources familiar with the
move.

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