The Consumer Financial Protection Bureau (CFPB) has distributed more than $384 million to about 191,000 consumers affected by Think Finance, an online lender accused of deceiving borrowers into repaying loans they did not owe. The victims relief fund established by the CFPB has benefited individuals across various states, including New York and Indiana, with millions of dollars in compensation.
This is great news! The @CFPB will release over $384 M to customers harmed by the deceptive practices of the online lender Think Finance. 22,170 New Yorkers will receive more than $25 M in compensation! https://t.co/g1BeRqhjNx
The Consumer Financial Protection Bureau is allocating more than $384 million to pay back roughly 191,000 consumers who were allegedly scammed by Think Finance into repaying loans they did not owe. https://t.co/spg4Sxi42j
I voted to establish @CFPB’s victims relief fund. Now, thanks to that program, 18,294 Hoosiers affected by Think Finances’ illegal practices will receive over $45 million. Companies exploiting consumers need to be held accountable, & victims of financial crimes deserve justice. https://t.co/d6OVBtaB3u
Today, as a result of @CFPB action, more than $384 million dollars from the CFPB’s victims relief fund will be sent to about 191,000 consumers harmed by Think Finance, an online lender that deceived borrowers into repaying loans they did not owe. https://t.co/pVhHcOoheY
The CFPB today distributed more than $384 million to about 191,000 consumers harmed by Think Finance. https://t.co/R6DECDeSFv