Friday - November 29, 2024
Tipoffs for Greenville, South Carolina (Federal Agencies) Newsletter for Wednesday August 23, 2023 ( 2 items )  

CFPB Sues Installment Lending Conglomerate for Illegally Churning Loans to Harvest Hundreds of Millions in Loan Costs and Fees
WASHINGTON, Aug. 23 -- The Consumer Financial Protection Bureau issued the following news release on Aug. 22, 2023: * * * A CURO Group Holdings Company, Heights Finance, formerly known as Southern Management Corporation, induced struggling customers into a fee-harvesting and loan-churning scheme * * * The Consumer Financial Protection Bureau (CFPB) sued Heights Finance Holding Company, formerly known as Southern Management Corporation, a high-cost installment lender, as well as several of He  more

Department of Labor Finds Operators of 13 South Carolina Sonic Drive-Ins Illegally Employed 91 Minors to Work Longer, Later Than Allowed
COLUMBIA, South Carolina, Aug. 23 -- The U.S. Department of Labor Wage and Hour Division issued the following news release on Aug. 22, 2023: * * * Wage and Hour Division assesses $61K in penalties to address child labor violations * * * As part of its continuing effort to reverse a significant national increase in child labor violations by employers, the U.S. Department of Labor today announced that a series of investigations of two Sonic Drive-In franchisees in South Carolina found 91 child  more