Brief: CFPB Quashes So-Called Tribal Lender Western Sky, US District Court Calls CashCall “True Lender”

In a decision filed in the U.S. District Court for the Central District of California, U.S. District Judge John Walter ruled in favor of the Consumer Financial Protection Bureau when he determined that the Californian online loan platform CashCall Inc. was the “true lender” behind the transactions… Read More
Read more in: Fintech, General News, Politics, Legal & Regulation | Tagged cashcall, cfpb, j. paul reddam, john walter, joseph rodriguez, marketplace lending, tribal lending, u.s. district court for the central district of california, western sky