Chime Financial, Inc.
On May 7, 2024, the Bureau issued an order against Chime Financial, Inc. (Chime), a financial-technology company that designed and services consumer banking accounts for two separate FDIC-insured “partner banks.”
Enforcement actions
When we take an enforcement action against an entity or person we believe has violated the law, we will post court documents and other related materials here.
The Bureau may enforce the law by filing an action in federal district court or by initiating an administrative adjudication proceeding. Administrative proceedings are conducted by an Administrative Law Judge, who holds hearings and issues a recommended decision. Proceedings are conducted in accordance with the Rules of Practice for Adjudication Proceedings .
James R. Carnes; Melissa C. Carnes; James R. Carnes Revocable Trust; Melissa C. Carnes Revocable Trust
On April 5, 2023, the Bureau filed a lawsuit against James R. Carnes and his wife, Melissa C. Carnes, both individually and in their roles as co-trustees of two trusts, as a result of James Carnes’s efforts to conceal assets and avoid paying a judgment of more than $43 million to the Bureau.
RMK Financial Corp. d/b/a Majestic Home Loan or MHL
On February 27, 2023, the Consumer Financial Protection Bureau (Bureau) issued an order against RMK Financial Corp. (RMK), a California-based mortgage lender that also does business under the name Majestic Home Loans.
TMX Finance LLC
On February 23, 2023, the Bureau issued an order against TitleMax parent company TMX Finance LLC, which extends consumer loans that are secured by the title to the borrower’s car.
Credit Acceptance Corporation
On January 4, 2023, the Bureau and New York Attorney General Letitia James filed a joint lawsuit in the United States District Court for the Southern District of New York against Credit Acceptance Corporation, an indirect auto lender that funds and services car loans for subprime and deep-subprime consumers.
Carrington Mortgage Services, LLC
On November 17, 2022, the Bureau issued an order against Carrington Mortgage Services, LLC, a California-based mortgage servicer operating in all fifty states.
ACTIVE Network, LLC
On October 18, 2022, the Bureau filed a lawsuit in the United States District Court for the Eastern District of Texas against ACTIVE Network, LLC, a payment processor owned by Global Payments, Inc., with its headquarters in Plano, Texas.
Regions Bank
On September 28, 2022, the Bureau issued an order against Regions Bank, a bank headquartered in Birmingham, Alabama with consolidated assets over $163 billion.
Populus Financial Group, Inc., d/b/a ACE Cash Express, Inc.
On July 12, 2022, the Bureau filed a lawsuit in the U.S. District Court for the Northern District of Texas against Populus Financial Group, Inc., which does business as ACE Cash Express, Inc. (“ACE”).
Main Street Personal Finance, Inc., ACAC, Inc. d/b/a Approved Cash Advance, and Quik Lend, Inc.
On June 2, 2020, the Bureau announced a settlement with Main Street Personal Finance, Inc. and its subsidiaries.
Cottonwood Financial, Ltd., d/b/a Cash Store
On April 1, 2020, the Consumer Financial Protection Bureau issued a consent order against Cottonwood Financial, Ltd., which does business under the name Cash Store.
Candy Kern-Fuller, Howard Sutter III, and Upstate Law Group LLC
On February 20, 2020, the Bureau, the South Carolina Department of Consumer Affairs, and the State of Arkansas Attorney General Leslie Rutledge filed a...
Andrew Gamber, Voyager Financial Group, LLC, BAIC, Inc., SoBell Corp
On August 14, 2019, the CFPB filed a proposed stipulated judgment with Andrew Gamber, Voyager Financial Group, LLC, BAIC, Inc., and SoBell Corp.
Cash Tyme
The Bureau found that Cash Tyme violated the
Consumer Financial Protection Act of 2010 by debiting consumers’ bank accounts
without authorization.
Cash Express, LLC
The Bureau today announced a settlement with Cash Express, LLC, a small-dollar lender based in Cookeville, Tenn., that offers high-cost, short-term loans...
Future Income Payments, LLC, Scott Kohn, and related entities
On September 13, 2018, the Bureau filed a lawsuit against Future Income Payments, LLC, Scott Kohn, and several related entities.
Triton Management Group, Inc.
The Bureau today announced a settlement with Triton Management Group, Inc., a small dollar lender that operates in Alabama, Mississippi, and South Carolina...
Security Group, Inc., Security Finance Corporation of Spartanburg, Professional Financial Services Corp., et al.
Bureau announced a settlement with Security Group Inc., a South Carolina corporation, and its subsidiaries, Security Finance Corporation of Spartanburg and...
Zero Parallel, LLC
The Bureau took action against an online lead aggregator for steering consumers toward lenders who offered illegal or unlicensed loans that were void in the...
Golden Valley Lending, Inc., Silver Cloud Financial, Inc., Mountain Summit Financial, Inc., and Majestic Lake Financial, Inc.
The Bureau today took action against four online lenders – Golden Valley Lending, Inc., Silver Cloud Financial, Inc., Mountain Summit Financial, Inc., and...
Woodbridge Coins and Jewelry Exchange, Inc. d/b/a Woodbridge Gold & Pawn
The Bureau and the Attorney General of Virginia took action against Woodbridge Coins and Jewelry Exchange, Inc., doing business as Woodbridge Gold & Pawn...
A To Z Pawn, Inc.
The CFPB today took action against
four Virginia pawnbrokers for deceiving consumers about the actual annual costs
of their loans.
Pawn U.S.A., Inc.
The CFPB took action against
four Virginia pawnbrokers for deceiving consumers about the actual annual costs
of their loans.
Spotsylvania Gold & Pawn, Inc.
The CFPB today took action against
four Virginia pawnbrokers for deceiving consumers about the actual annual costs
of their loans.
Fredericksburg Gold & Pawn, Inc.
The CFPB today took action against
four Virginia pawnbrokers for deceiving consumers about the actual annual costs
of their loans.