Court Rules that Corinthian Engaged in Deceptive Lending Practices and Illegal Debt Collection Practices
WASHINGTON, D.C. —(ENEWSPF)—October 28, 2015. Yesterday, at the request of the Consumer Financial Protection Bureau (CFPB), a federal court entered a final default judgment against Corinthian Colleges, Inc., resolving a lawsuit filed by the CFPB in September 2014. The Bureau’s lawsuit against Corinthian alleged that the company lured tens of thousands of students into taking out private loans to cover…
