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CFPB Fines Titlemax Parent Business $9 Million for Luring Customers Into more loans that are costly

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CFPB Fines Titlemax Parent Business $9 Million for Luring Customers Into more loans that are costly

Lender Also Illegally Exposed Borrowers’ Debt Information to Employers, Friends, and Family

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) today took action against TitleMax moms and dad business TMX Finance LLC for luring customers into high priced loan renewals by presenting all of them with misleading information on the discounts’ terms and expenses. Read more