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The company was reported to repossess about 250 cars a day in 2015. [2] In October 2015, Westlake Financial was ordered by the Consumer Financial Protection Bureau to provide $44.1 million in consumer relief for engaging in illegal debt collection practices. Westlake Financial and its affiliate Wilshire Consumer Credit deceived borrowers into ...
Five years later, the Justice Department returned with another complaint against Westlake, alleging that it had failed to provide service members with interest rate benefits they were owed under ...
PennyMac Financial Services, Inc. is an American residential mortgage company headquartered in Westlake Village, California. The company's business focuses on the production and servicing of U.S. mortgage loans and the management of investments related to the U.S. mortgage market. PennyMac operates through two subsidiaries: PennyMac Loan ...
Bankrate insight. As of March 2024, for fiscal year 2024, 29.9 percent of 7(a) loans were approved for $50,000 and under. New businesses with under two years of experience made up just 18 percent ...
World Omni Financial Corporation (WOFCO), d/b/a Southeast Toyota Finance (SETF) is a captive & diversified financial services company which finances nearly half of the new Toyota vehicles sold by SET's 177 dealers. They have customer care centers in Mobile, Alabama and St. Louis, Missouri. [24]
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E-Loan, Inc. is a financial services company that offers its users access to partners that may be able to assist them in obtaining loans. E-Loan was a pioneer in the online lending industry in the late 1990s and early 2000s.
An industrial loan company (ILC) or industrial bank is a financial institution in the United States that lends money, and may be owned by non-financial institutions. They provide niche financial services nationwide. ILCs offer FDIC-insured deposits and are subject to FDIC and state regulator oversight.