A Lender Sued Thousands of Lower-Income Latinos During the Pandemic. Now It Wants to Be a National Bank.

Autor: Collier, Kiah, Larson, Ren
Předmět:
Zdroj: Pro Publica; Jan2021, p1-5, 5p, 1 Color Photograph
Abstrakt: In its own letter, the National Community Reinvestment Coalition said Oportun's debt collection practices "fall short of the expectations of a CDFI, and certainly a CDFI seeking a national bank charter." Last July, after the publications began asking questions about the company's debt collection practices, Oportun announced it would drop all pending lawsuits, temporarily suspend new filings and file 60% fewer cases in the future. A Lender Sued Thousands of Lower-Income Latinos During the Pandemic. [Extracted from the article]
Databáze: Complementary Index