Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans. The CFPB found that TitleMax violated the Military Lending Act by extending prohibited title loans to …
Samuel J. Arsht, Esq. – SBN 100156 Jeffrey A. Meinhardt, Esq. – SBN 245090 SILVER & ARSHT 1860 Bridgegate Street, Suite 100 Westlake Village, California 91361-1409 Phone: (805) 495-4044 Fax: (805) 494-4704 E-mail: sam@silverandarsht.com, imeinhardt@silverandarsht.com Attorneys for Plaintiff ALL SERVICE FINANCIAL, LLC. IN THE SUPERIOR COURT OF THE STATE OF CALIFORNIA COUNTY OF ORANGE COUNTY …
The Federal Trade Commission today issued a proposed order requiring Denver-based HomeAdvisor, Inc. – a company affiliated with Angi, formerly known as “Angie’s List” – to pay up to $7.2 million for using a wide range of deceptive and misleading tactics in selling home improvement project leads to service providers, including small businesses operating in the “gig” …
The Federal Trade Commission today issued an order requiring Ohio-based LCA-Vision, doing business as LasikPlus and Joffe MediCenter, to pay $1.25 million for using deceptive bait-and-switch advertising to trick consumers into believing they could have their vision corrected for less than $300. In reality only 6.5 percent of consumers lured in for consultations were eligible …
OSTERGAR LATTIN JULANDER LLP Treg A. Inlander (State Bar No. 174759) Allen C. Ostergar III (State Bar No. 166411) 9110 Irvine Center Drive Irvine, CA 92618 Telephone: 949-305-4590 Facsimile: 949-305-4591 Attorney for Plaintiff NAZ II HOLDING, LLC IN THE UNITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA NAZ II HOLDING, LLC, a Nevada …
Signs of an impending financial downturn can strike fear in struggling families. Determine to get ahead by using the prospect of tough times to motivate yourself to turn your finances around and create generational wealth. Here’s some advice from the Get Out of Debt Guy to help. Manage Your Stress Polls indicate that the stress …
As a result of a Federal Trade Commission lawsuit, investment advice company WealthPress has agreed to a proposed court order that would require it to refund more than $1.2 million to consumers and pay a $500,000 civil penalty for deceiving consumers with outlandish and false claims about their services. The case marks the first time …
Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers. The regulations fulfill the commitment President Biden laid out in August when he announced his Administration’s plan to provide student debt relief for approximately 40 million borrowers and make the student loan …
The Consumer Financial Protection Bureau (CFPB) has reached a settlement in its lawsuit against law firm Forster & Garbus, LLP for illegal debt-collection practices. If approved by the court, the proposed settlement would prohibit Forster & Garbus from filing any new lawsuit against a consumer unless it has specific documents supporting the debt and certifies …
Today, the Consumer Financial Protection Bureau (CFPB) proposed a rule to establish a public registry of supervised nonbanks’ terms and conditions in “take it or leave it” form contracts that claim to waive or limit consumer rights and protections, like bankruptcy rights, liability amounts, or complaint rights. In some cases, terms and conditions in non-negotiable …