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Violation Tracker Individual Record

Company: RD Legal Funding
Penalty: $600,000
Year: 2022
Date: November 23, 2022
Offense Group: consumer-protection-related offenses
Primary Offense: consumer protection violation
Violation Description: The Consumer Financial Protection Bureau and the New York Attorney General took action against RD Legal Funding, two related entities, and the companies' founder and owner to resolve claims that the defendants engaged in deceptive and abusive acts or practices under the Consumer Financial Protection Act (CFPA) in connection with offering cash advances to people on their settlement payouts from victim-compensation funds. Defendants were required to provide over $600,000 in debt relief to harmed consumers.
Level of Government: federal
Action Type: agency action
Agency: Consumer Financial Protection Bureau
Civil or Criminal Case: civil
Source of Data: (click here)
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.