The Tennessee Attorney General’s Consumer Affairs Division has revealed the top 10 complaint categories for 2020. DCA received 4,053 complaints in 2020 and received services and funds back for Tennessee through working with consumers and businesses. Overall, the number of consumer complaints decreased slightly in 2020 compared to 2019, whenRead More →

On June 2, 2020, the CFPB and a Tennessee-based payday and installment lender agreed a Consent order for alleged violations of the Consumer Financial Protection Act of 2010 (CFPA), the Truth in Lending Act (TILA) and Regulation Z under TILA. The lender operates over 150 stores in eight states, includingRead More →

Nine years after Ohio lawmakers and voters approved restrictions on payday loan fees for short-term loans, those fees are now the highest in the country. Ohio’s 2008 Payday Loan Act was ineffective. The question now is whether the legislature is ready to deal with it. Lenders avoided the law’s 28Read More →