Springstone Financial, LLC
Enforcement, Add-On Products, Prepaid Cards, Credit Cards
In 2015, the CFPB ordered Springstone Financial repay $700,000 to “customers who were allegedly subjected to deceptive marketing tactics when they signed up for loans to pay their medical bills.” The CFPB alleged that some of Springstone’s customers who “were unknowingly enrolled in high-interest loans, believing the company’s products were interest free” may have been “ falsely told the loans were interest free.”
Inactive or Resolved
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