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

submitted 3 weeks ago by [email protected] to c/[email protected]

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

https://propub.li/4f8lnZX

#News #Cars #PersonalFinance #ConsumerProtection #Bank #Law #Regulation

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[–] [email protected] 1 points 3 weeks ago

@[email protected]

Dangerous cops and pedophile priests get shuffled around. Why not predatory banker dudes?