Populus Financial Group and ACE Cash Express Respond to Baseless Litigation Filed by the Consumer Financial Protection Bureau
ACE vehemently disagrees with the CFPB’s claims of deception, unfairness and abuse. Over 140,000 ACE customers have availed themselves of ACE’s payment plan option since 2013, which clearly indicates borrowers were aware of this option. The CFPB claim regarding alleged improper withdrawals only relates to approximately 0.028% of ACE’s loan......