The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash Inc and its ...

FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS), a leading international operator of over 3,000 retail pawn stores in the ...

The CFPB alleged in its lawsuit that FirstCash and 19 of its subsidiaries were violating the Military Lending Act by making pawn loans to borrowers covered under the law with rates that exceeded the ...

The CFPB lawsuit accuses Cash America West and FirstCash of disobeying the Military Lending Act, which limits the annual interest rate on a loan for military personnel or their family to 36%.

US CFPB reaches settlement with FirstCash for alleged Military Lending Act violations The U.S. Consumer Financial Protections Bureau has reached a settlement with pawn shop chain owner FirstCash ...

In its complaint, filed on November 12, 2021, the CFPB said that FirstCash and its subsidiary, CashAmerica West, made more than 3,600 pawn loans to more than 1,000 covered borrowers from stores in ...

Those stores make up only about 10% of FirstCash’s nationwide pawn-loan operations. The lawsuit said CFPB also believes FirstCash stores in other states made loans with excessive interest rates.

“FirstCash is a repeat offender and cheated military families over and over again,” said CFPB Director Rohit Chopra, in an announcement of the legal action.

FirstCash Announces Settlement of CFPB Litigation Related to Military Lending Act Provided by GlobeNewswire Jul 11, 2025, 10:12:43 PM. FORT WORTH, Texas, July 11, 2025 (GLOBE NEWSWIRE) -- ...

FORT WORTH, Texas, July 11, 2025 (GLOBE NEWSWIRE) -- FirstCash Holdings, Inc. ('FirstCash” or the 'Company”) (Nasdaq: FCFS), a leading international operator of over 3,000 retail pawn stores in the ...

FirstCash would also pay a $4 million fine and comply with the Military Lending Act, the CFPB said. US CFPB reaches settlement with FirstCash for alleged Military Lending Act violations View all ...