CURO Reveals Notice Of Complaint Filed By The Consumer Financial Protection Bureau Regarding Certain Small Loans Originated By Heights Finance's Subsidiaries
Portfolio Pulse from Benzinga Newsdesk
CURO Group Holdings Corp. has received a notice of complaint from the Consumer Financial Protection Bureau (CFPB) regarding certain small loans originated by Heights Finance's subsidiaries. These small loans represent less than 15% of CURO's Direct Lending portfolio as of June 30, 2023.
August 22, 2023 | 8:57 pm
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CURO Group Holdings Corp. is facing a regulatory complaint from the CFPB regarding small loans originated by Heights Finance's subsidiaries. This could potentially lead to legal and financial implications for the company.
The complaint from the CFPB could lead to legal and financial implications for CURO Group Holdings Corp. This could potentially affect the company's reputation and financial performance, leading to a negative impact on its stock price in the short term.
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