What Enova Told the SEC About Its Virginia Lending Settlement — $87 Million in Debt Forgiven
Enova’s NetCredit unit denied wrongdoing but forgave $87 million in Virginia loans. Here’s what its SEC filing says and what it means for you.
Enova’s NetCredit unit denied wrongdoing but forgave $87 million in Virginia loans. Here’s what its SEC filing says and what it means for you.
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Quick Answer: A single 2018 CFPB complaint against Enova International regarding payment harassment doesn’t indicate systemic issues, as the company responded timely and the consumer didn’t dispute their resolution. Individual complaints are normal for financial companies and should be evaluated alongside broader patterns of customer service and resolution practices.Date Received: 2018-09-12Product: Payday loan debtIssue: Communication …