Articles Tagged: Cfpb
A California federal judge has rejected CashCall’s latest bid to unwind a $157 million Consumer Financial Protection Bureau judgment, preserving a major consumer-finance enforcement result in a case that has been litigated for years. The decision is significant not only because of the size of the judgment, but also because the court reportedly took a dim view of the company’s repeated efforts to avoid finality.
The dispute arises from the CFPB’s long-running challenge to a lending program tied to tribal entities, where CashCall was accused of using a tribal-lending structure to make high-interest loans that violated state usury and consumer-protection laws.

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