Tagged: lauren saunders

February 2, 2020 @ 6:03 pm By JD Alois  |  

On Wednesday, February 5th at 10AM, the House Financial Services Committee will hold a hearing entitled, “Rent-A-Bank Schemes and New Debt Traps: Assessing Efforts to Evade State Consumer Protections and Interest Rate Caps.” The Hearing will most certainly address the emergence of Fintechs, specifically online… Read More

April 27, 2017 @ 6:46 am By Erin Hobey  |  

Today, the Consumer Financial Protection Bureau (CFPB) took action against Security National Automotive Acceptance Company (SNAAC), an auto lender with headquarters in Ohio, specializing in loans to servicemembers, for violating a CFPB consent order. In 2015, the CFPB ordered SNAAC to pay penalties for illegal… Read More