Bureau Orders Zero Parallel and Its Owner to Pay $350,000 and Stop Their Abusive Practices
Washington, D.C. –(ENEWSPF)—September 6, 2017. The Consumer Financial Protection Bureau (CFPB) today took action against an online lead aggregator for steering consumers toward lenders who offered illegal or unlicensed loans that were void in the consumer’s state. Zero Parallel, LLC sold consumers’ payday and installment loan applications to lenders it knew were likely to make void loans that…
