CFPB's victory over CashCall a win for consumers, expert says

LOS ANGELES (Legal Newsline) - A Los Angeles federal judge’s ruling against CashCall Inc. over alleged predatory lending practices is a win for consumers, an expert in responsible lending says.

“The court’s decision is a huge victory for consumers in helping enforce laws that are in place to protect against high-cost lending practices,” Diane Standaert, director of state policy at the Center for Responsible Lending, told Legal Newsline.

http://legalnewsline.com/stories/511012850-cfpb-s-victory-over-cashcall-a-win-for-consumers-expert-says