Tag Archives: deceptive loan practices

CFPB orders One Main Financial to pay $20 Million for deceptive practices.

Recently released, the CFPB has taken One Main Financial task and ordered them to pay $20 Million for deceptive loan practices and add on services that benefited the company, not their clients. One Main failed to refund interest charges on over 25,000 customers who cancelled purchases within a “full refund period.” They also deceived clients […]