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14 maj 2024 · WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) today distributed more than $384 million to about 191,000 consumers harmed by Think Finance. Think Finance, a Texas-based online lender, deceived borrowers into repaying loans they did not owe.
14 maj 2024 · In 2017, the CFPB sued Think Finance, LLC and six subsidiaries (collectively, the “Think Finance Entities”). The Bureau’s lawsuit alleged that these businesses deceived people and broke licensing and lending requirements.
14 wrz 2022 · Plain Green Loans, one of three websites operated by Think Finance, reached a settlement over predatory and illegal lending practices.
9 kwi 2021 · The suit alleged that between 2011-2014, three websites operated by Think Finance—Plain Green Loans, Great Plains Lending and Mobiloans—signed borrowers up for loans and lines of credit while charging effective interest rates as high as 448 percent.
This investigation was prompted by large volume of complaints and scam tracker reports concerning consumers being contacted from out of state numbers claim they are with the county or they owe a...
17 sie 2022 · “Payouts benefit consumers with loans from companies identified as Great Plains Lending at any time, loans with Plain Green before June 1, 2016, or cash advances or lines of credit from...
17 sie 2022 · The US District Court for the Eastern District of Virginia this week approved a settlement in the last of nine class action lawsuits against entities that sought to evade state and federal law by making extremely high-interest internet loans in Virginia and other states.
