Bureau Alleges the NDG Enterprise Collected Money Illegally, Seeks Refunds for Customers
WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today announced the filing of a lawsuit in federal region court contrary to the NDG Enterprise, a web that is complex of managed organizations, for gathering cash customers failed to owe. The CFPB alleges that the defendants illegally gathered loan quantities and charges that have been void or that consumers had no responsibilities to falsely repay, and threatened customers with legal actions and imprisonment. The CFPB is trying to end the businesses’ alleged unlawful methods and acquire financial relief for customers.
“We are using action resistant to the NDG Enterprise for gathering cash it had no right to simply just take from consumers,” said CFPB Director Richard Cordray. Continue reading Let me make it clear about CFPB Sues Offshore Payday Lender