U.S. agency enters $1.5 million judgment on payday lender but slashes return of funds

by reuter.com
https://ift.tt/pnED7n
The U.S. consumer finance watchdog ordered an Alabama-based payday lender on Thursday to return $500,000 to borrowers who were overcharged, a fine that people familiar with the matter said was only a third of what the prior Obama-era head of the agency had sought.


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