CFPB Will Distribute More Than $384 Million to Consumers Deceived by Think Finance
May 15, 2024
May 15, 2024
WASHINGTON, May 15 -- The Consumer Financial Protection Bureau issued the following news on May 14, 2024:
The CFPB is compensating consumers who it alleged were deceived by Think Finance, LLC, into repaying loans they did not legally owe. Think Finance, LLC, made false demands and illegally took money from consumers' bank accounts for debts that were not owed under laws in 17 states, according to the CFPB's lawsuit.
Many states have laws saying that loans and other type . . .
The CFPB is compensating consumers who it alleged were deceived by Think Finance, LLC, into repaying loans they did not legally owe. Think Finance, LLC, made false demands and illegally took money from consumers' bank accounts for debts that were not owed under laws in 17 states, according to the CFPB's lawsuit.
Many states have laws saying that loans and other type . . .