Provides Action Against ACE Money Express, Inc. and Goleta National Bank


Provides Action Against ACE Money Express, Inc. and Goleta National Bank

any office regarding the Comptroller associated with the Currency announced today that ACE money Express, Inc., and Goleta nationwide Bank, Goleta, California, signed cease and desist requests needing them to finish unsafe and unsound lending that is payday also to spend $325,000 in civil cash charges. ACE is just a service that is third-party for Goleta into the origination, servicing, and number of the pay day loans booked because of the bank. ACE offers payday advances on behalf of Goleta in 18 states additionally the District of Columbia.

ACE consented to end lending that is payday undertaken through Goleta, also to pay $250,000 in charges. Your order additionally forbids ACE from stepping into almost any written or dental contract to offer any solutions, including payday financing, to your nationwide bank or its subsidiaries with no previous approval regarding the OCC. 続きを読む “Provides Action Against ACE Money Express, Inc. and Goleta National Bank”