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$384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

The Daily Hodl
4,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau
bank
4,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau

A US banking regulator says $384 million will soon be handed to victims of an online bank’s illegal practices. The Consumer Financial Protection Bureau says 191,000 people will receive the windfall of cash, which will be given to former customers of Texas-based Think Finance. The agency filed a lawsuit against the lender in 2017, accusing […]

The post $384,000,000 To Be Handed To 191,000 Victims of Banking Giant’s Illegal Practices: Consumer Financial Protection Bureau appeared first on The Daily Hodl.

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Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB

The Daily Hodl
Billion-Dollar Bank Sending ,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB
bank
Billion-Dollar Bank Sending ,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB

A US bank with $20.5 billion in assets, loans, and deposits will send at least $5 million to thousands of customers after allegedly harvesting millions of dollars in illegal overdraft fees. The Consumer Financial Protection Bureau (CFPB) says Atlantic Union Bank enrolled thousands of people in checking account overdraft programs without proper consent. The agency […]

The post Billion-Dollar Bank Sending $5,000,000 to Customers After Illegally Harvesting Millions in Fees: CFPB appeared first on The Daily Hodl.

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Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements

The Daily Hodl
Financial Giant Fined ,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements
bank
Financial Giant Fined ,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements

One of the largest licensed lenders in the US will pay a $15 million fine for “widespread illegal conduct” including withdrawing funds from customers’ bank accounts without their consent. The Consumer Financial Protection Bureau (CFPB) says it’s banning the Chicago-based lender Enova from offering certain consumer loans after the firm violated orders to change its […]

The post Financial Giant Fined $15,000,000 for Withdrawing Funds From Bank Accounts Without Consent, Deceiving Customers With False Statements appeared first on The Daily Hodl.

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Ordinals Explorer Ord.io Introduces Rune-Gated Chats

Ordinals Explorer Ord.io Introduces Rune-Gated Chats

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