The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution to consumers, as well as a $200,000 civil money penalty for violating the Consumer Financial Protection Act (CFPA). Based in Tennessee, Cash Express...
The U.K.’s largest payday lender is shutting down after a surge in complaints from former customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
Wonga, the U.K.-based payday lender, has halted accepting new loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing...
Payday lender Wonga issued a warning to its customers in the wake of a massive data breach. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
October 25, 2019
The U.K.’s largest payday lender QuickQuid is expected to close its doors by the end of the year, The Financial Times (FT) reported on Thursday (Oct. 24). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our […]
October 25, 2018
The Consumer Financial Protection Bureau (CFPB) has announced a settlement with payday lender Cash Express, which will pay approximately $32,000 in restitution to consumers, as well as a $200,000 civil...
August 31, 2018
The U.K.’s largest payday lender is shutting down after a surge in complaints from former customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
August 30, 2018
Wonga, the U.K.-based payday lender, has halted accepting new loan applications. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...