RALEIGH, N.C. — Hundreds of North Carolinians are about to get their money back. A Florida payday lender, accused of preying on people in desperate need of a car, reached a big settlement with the Attorney General. Hot Topics. August 14, 2020 | California’s most aggressive debt collector sued thousands of customers. Now it says it’s stopping. August 14, 2020 | Letters: Homelessness, presidential race, COVID spending; August 13, 2020 | Heart to Art with Mark Thomas Dillon; August 13, 2020 | Creating an alternative to 911; August 13, 2020 | Rent control resurrected Payday loan provider PiggyBank has collapsed into administration - in a move that will affect 45,000 outstanding customers and those who have outstanding complaints with the lender The payday lender says it is considering all options following reports the firm could collapse. News blackout in Newark, The Advocate has definitely NOT been covering the Payday lender news in its editions. As pointed out in this blog’s Buried Lead posting (4-18-18), the resignation of House Speaker Cliff Rosenbeger had beaucoup to do with the definitely weird and unaccountable primary reelection campaign ads by Larry Householder. An online payday lender that argued the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional while fighting unfair and abusive practices claims has settled unrelated allegations brought by the Pennsylvania Attorney General. The state of Pennsylvania sued Think Finance in 2014 and its affiliates for allegedly operating a $133 million online loan scheme. KANSAS CITY, Mo., Dec. 30, 2014 /PRNewswire/ -- Mark Curry, a leader in the online financial services industry and founder of ReformOnlineLending.org, issued the following statement in response to. An online payday lender and 20 interrelated entities recently settled with the Consumer Financial Protection Bureau (CFPB) over allegations that the defendants unlawfully originated short-term, small-dollar loans and initiated unauthorized collections on them without consumers’ knowledge. In light of the defendants’ limited ability to pay, the settlement stipulates that the company’s. Hundreds of thousands of customers will now receive smaller compensation payouts for mis-sold loans. payday lender videos and latest news articles; GlobalNews.ca your source for the latest news on payday lender.