The bureau’s first federal enforcement action, in November, led to a $14 million settlement for clients of money America Global Inc., which includes nine places in Louisville.
The bureau additionally fined money America $5 million for wrongly trying to collect on delinquent accounts by improperly “robo-signing” court papers. In the bureau ordered ACE Cash Express— which operates 5 locations in the Louisville area — to pay $5 million in fines plus an additional $5 million in refunds to consumers nationwide july. All…