HIGHLIGHTS: The bank must pay a $37.5 million civil penalty to the CFPB. The bank neither admitted nor denied the allegations but must forfeit unlawfully charged fees and costs to consumers and develop a remediation plan for...more
Several trade groups, including the American Financial Services Association, Nevada Credit Union League, and Nevada Bankers Association have filed a lawsuit challenging a new Nevada law aimed at allowing credit applicants...more
11/1/2019
/ Bankers ,
Credit Applicants ,
Credit History ,
Credit Unions ,
ECOA ,
Fair Credit Reporting Act (FCRA) ,
Financial Services Industry ,
Marital Status Discrimination ,
New Legislation ,
Preemption ,
Preliminary Injunctions ,
Spouses ,
Trade Associations