DFPI marks success in implementation of the California Consumer Financial Protection Law
Collection Industry News
MARCH 28, 2022
The DFPI investigations resulted in 49 public enforcement actions, $975,000 in restitution to consumers, $547,500 in penalties, and included several “first of its kind” actions for the DFPI in debt collection, student debt relief, earned wage access, and private post-secondary education financing. Regulatory Activities.
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