CFPB Orders Prehired to Pay $30 Million, Cease Operations

The Consumer Financial Protection Bureau (CFPB), in collaboration with 11 states, has announced an enforcement action against Prehired, a Delaware-based company that has filed for bankruptcy and ceased operations.
The CFPB alleges that Prehired engaged in deceptive practices, including making false promises of job placement, offering illegal income share loans and resorting…

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