In a filing with the SEC, payday lender and pawn shop chain EZCorp Inc. disclosed it has received a civil investigative demand from the U.S. Consumer Financial Protection Bureau.
The action by the Consumer Financial Protection Bureau, taken in February, is part of an investigation into the actions of payday lenders designed to determine if they “have engaged in or are engaging in unlawful acts and practices in connection with the advertising, marketing, offering, provision, servicing or collection of loans in violation of U.S.