Who Knew TitleMax Sucked This Bad?

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Today, the Consumer Financial Protection Bureau (CFPB) took action against a web of corporate entities operating under TMX Finance, broadly known as TitleMax, for violating the financial rights of military families and other consumers in providing auto title loans. The CFPB found that TitleMax violated the Military Lending Act by extending prohibited title loans to … Read more

Litigation Practice Group Lawsuit by Business Partner All Service Financial – We Want Our Money

Samuel J. Arsht, Esq. – SBN 100156 Jeffrey A. Meinhardt, Esq. – SBN 245090 SILVER & ARSHT 1860 Bridgegate Street, Suite 100 Westlake Village, California 91361-1409 Phone: (805) 495-4044 Fax: (805) 494-4704 E-mail: sam@silverandarsht.com, imeinhardt@silverandarsht.com Attorneys for Plaintiff ALL SERVICE FINANCIAL, LLC. IN THE SUPERIOR COURT OF THE STATE OF CALIFORNIA COUNTY OF ORANGE COUNTY … Read more

HomeAdvisor and Angi to Pay Up To $7.2 Million and Stop Deceptively Marketing its Leads for Home Improvement Projects

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The Federal Trade Commission today issued a proposed order requiring Denver-based HomeAdvisor, Inc. – a company affiliated with Angi, formerly known as “Angie’s List” – to pay up to $7.2 million for using a wide range of deceptive and misleading tactics in selling home improvement project leads to service providers, including small businesses operating in the “gig” … Read more

FTC Order Requires LasikPlus to Pay for its Bait-and-Switch Eye Surgery Ads

The Federal Trade Commission today issued an order requiring Ohio-based LCA-Vision, doing business as LasikPlus and Joffe MediCenter, to pay $1.25 million for using deceptive bait-and-switch advertising to trick consumers into believing they could have their vision corrected for less than $300. In reality only 6.5 percent of consumers lured in for consultations were eligible … Read more

DOE wants to modernize the student loan program but mucks up the planning process

Like a repentant boozer who promises to give up drinking, the Department of Education pledged to modernize its neanderthal student loan program. Unfortunately, like a chronic drunk, DOE simply can’t clean up its act. DOE’s own Inspector General audited the Department’s modernization efforts and issued a report last week.  The audit concluded that DOE bungled its modernization … Read more

Litigation Practice Group Lawsuit Pulls Back the Curtain and Tells One Hell of a Story

OSTERGAR LATTIN JULANDER LLP Treg A. Inlander (State Bar No. 174759) Allen C. Ostergar III (State Bar No. 166411) 9110 Irvine Center Drive Irvine, CA 92618 Telephone: 949-305-4590 Facsimile: 949-305-4591 Attorney for Plaintiff NAZ II HOLDING, LLC IN THE UNITED STATES DISTRICT COURT FOR THE CENTRAL DISTRICT OF CALIFORNIA NAZ II HOLDING, LLC, a Nevada … Read more

Department of Ed Proposes Cutting Income-Driven Payments in Half

Today, the U.S. Department of Education (Department) proposed regulations to reduce the cost of federal student loan payments, especially for low and middle-income borrowers. The regulations fulfill the commitment President Biden laid out in August when he announced his Administration’s plan to provide student debt relief for approximately 40 million borrowers and make the student loan … Read more