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Violation Tracker Individual Record

Company: Cash America International Inc.
Current Parent CompanyFirstCash
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Penalty: $19,000,000
Year: 2013
Date: November 20, 2013
Offense Group: consumer-protection-related offenses
Primary Offense: payday lending violation
Secondary Offense: Servicemembers Civil Relief Act
Violation Description: The Consumer Financial Protection Bureau ordered Cash America International, Inc. to refund consumers for robo-signing court documents in debt collection lawsuits. The CFPB also found that Cash America one of the largest short-term, small-dollar lenders in the country violated the Military Lending Act by illegally overcharging servicemembers and their families. Cash America was required to pay up to $14 million in refunds to consumers and a $5 million fine for these violations and for destroying records in advance of the Bureau's examination.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
HQ Country of Current Parent: USA
HQ State of Current Parent: Texas
Ownership Structure of Current Parent: publicly traded
Major Industry of Current Parent: financial services
Specific Industry of Current Parent: pawn shops
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.