News & Analysis as of

Rent-to-Own Companies Consumer Financial Protection Bureau (CFPB) Electronic Fund Transfer Act

Cozen O'Connor

CFPB Alleges Deceptive Practices by Lease-to-Own Finance Company

Cozen O'Connor on

The CFPB sued point-of-sale financing company Acima Holdings, LLC, its former CEO, and other affiliate entities (collectively, “Acima”) for allegedly using false marketing and deceptive dark patterns to lure consumers into...more

Katten Muchin Rosenman LLP

Is the CFPB Seeking to Expand the Definition of Credit and Its Regulatory Reach? The Bureau Sues Snap Finance and Asserts That...

On July 19, the Consumer Financial Protection Bureau (CFPB) filed a complaint against Snap Finance LLC and its affiliates (Snap RTO LLC, Snap Second Look LLC, Snap U.S. Holdings LLC, Snap Finance Holdings LLC) (referred to...more

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