Executives from a bank charged with “Predatory Lending” moved to a new lender. Regulators did little to stop them.

www.propublica.org

Executives from a bank charged with “Predatory Lending” moved to a new lender. Regulators did little to stop them.

www.propublica.org

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News@lemmy.worldEnglish · 15 days ago

Executives From a Bank Charged With “Predatory Lending” Moved to a New Lender. Regulators Did Little to Stop Them.

www.propublica.org

A dozen states that pursued Santander Consumer USA for its high-interest loans have failed to address scores of complaints alleging nearly identical behavior at Exeter Finance. The same team of executives ran both companies, ProPublica has learned.

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15 days ago
“Please stop doing this. If you don’t we’ll be forced to say pretty please.”

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