Sub-Prime Lender World Acceptance Corp. Receives CID
World Acceptance Corp. (NASDAQ:WRLD) received a civil investigative demand (CID) from the U.S. Consumer Financial Protection Bureau (CFPB) yesterday which contained “broad requests for production of documents, answers to interrogatories and written reports related to loans made by the Company and numerous other aspects of the Company’s business” to determine whether World Acceptance Corp has been violating the Consumer Financial Protection Act or the Truth in Lending Act.
The CID came to light today in a Securities and Exchange Commission filing, and World . . .
This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email firstname.lastname@example.org and we will get back to you as quick as humanly possible