CFPB continues enforcement trends with consent order for Military Lending Act and EFTA violations
By EsqSocial Corporation 06/01/21
On December 30, 2020, the CFPB announced a consent order with Omni Financial of Nevada, Inc. based on alleged violations of the Military Lending Act (MLA) and Electronic Funds Transfer Act (EFTA). This is the second consent order announced as part of a sweep of investigations for potential MLA violations....
By: Ballard Spahr LLP