There is ongoing concern about illegal lenders and CFSA shares this concern. CFSA has and will continue to support the creation of a national registry for all legitimate and licensed lenders to protect consumers against illegal companies. Such a registry would help protect borrowers from the cash grab scams that pose as legitimate lenders online.
September 27, 2018 | Access to Credit
FTC, DOJ Return More Than $500 Million to Consumers Harmed by Unlawful, Unscrupulous Lender...